On The Attentive Obligation To Eligible Investor In The New Sanban Market

The system of eligible investor started late,but fast,in china.In the fund, trust, bank, securities and other financial regulatory areas have introduced the investor eligibility system,But the most widely used, the greatest efforts, most of the research is in the field of securities, which is mainly due to the big market risk, strong professional in the stock market, investors who have participate in the securities market need to "paternalistic protect ".Following in the GEM market,stock index futures, margin trading and securities lending business,which areas in the implementation of the investor eligibility system, at the beginning of the year,"the new Sanban" market new business rules are defined to implement the investor eligibility system,Through the allocation of the relationship of rights and obligations between brokers and investors, and then realizes the target of protecting investors, avoiding or eliminating market risk.Based on the new Sanban market characteristics and product characteristics, securities brokers have the characteristics of professional and service,which is enable to "understand the product" and the "know the customer", the implementation of the investor eligibility system aims to give the securities brokers obligations that identify eligibility investors, screened for investors from the source.Whether the investors are comply with the appropriate requirements, According to the condition of assets, investment experience, to judge the risk identification and bearing capacity, but the asset status and risk bearing capacity is not a positive relationship, which is reason for investor eligibility system is questioned discrimina the small investors, contrary to the principle of fairness.The investor eligibitity system is an important measure to protect the rights and interests of investors, whether investors can give up the rights, The securities brokers suitability obligation and investor risk principle applies,which is reflect on the spirit of the law of equity,which is contribute to balance the market dominant position and rights of configurations.