Amendments to China's Securities Law designed to improve supervision of listed companies and securities firms were discussed at the weekend by Chinese lawmakers.
The draft legislation was examined on Sunday as part of the 15th session of the 10th National People's Congress (NPC) Standing Committee, a four day event which ends on Wednesday.
According to the China Daily news service, speaking at the meeting, vice-chairman of the NPC's Financial and Economic Committee, Zhou Zhengqing explained that the interests of smaller investors will be better protected under the amended Securities Law.
"Some securities companies do not have a strict internal supervision system and have irregularities in their business activities," Zhou was quoted as observing.
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