Research On Government Supervision During The Development And Transformation Process Of Chinese Securities Brokers

In recent years,securities companies,as capital market regulators,have become the top priority in regulating securities investment behavior.Securities companies must abide by laws,regulations and regulatory provisions in their business activities.Only by keeping pace with The Times according to law,can they win the trust of customers and the society and create a good living and development environment.Therefore,establishing a scientific and feasible government supervision and management system is an important means to improve the transformation management level of securities companies,reduce the risk of regulatory sanctions,develop business escort,and enhance core competitiveness.How to achieve effective government supervision is of great significance for the healthy and sustainable development of enterprises.As a representative of modern financial system,securities brokerages have certain particularity in their differentiation compared with traditional unconventional financial markets.Theoretically,through in-depth analysis of the latest data and market changes of securities companies across the country,the author comprehensively analyzes the development,transformation and supervision status of securities companies,and combines the market environment with financial analysis and industry development trends to deeply analyze the possibilities in the development and transformation process of securities companies,and puts forward targeted research and suggestions based on the actual situation.In order to provide more effective guidance and help for the development of government regulation in the process of development and transformation of Chinese securities brokers.In practice,the quality of the development of securities companies is very important to the healthy development of our securities market.How to treat the various problems existing in the government regulation in the process of the development and transformation of securities firms and reduce the risk of securities firms market is a theme of the current government regulation.Regarding to securities brokers under the new situation,optimizing designs of securities companies’ transition regulation system can provide reference for establishing effective government regulation and governance mechanism of the securities industry in our country,which will play positive roles in further development of governance level of our country’s securities industry,and point out major developing directions for the transformation process of securities brokers.The author has systematically studied the theories of transformation management of securities industry at home and abroad,and sorted out the concept,theoretical system and historical evolution of transformation management.Taking securities companies nationwide as examples,In-depth study of the current situation of its transformation supervision and management system and problems such as excessive reliance on administrative dominance with potential risks,objective existence of informal securities offering and trading leading to regulatory blank,single interest supervision mode and path,supervision openness and transparency are still insufficient,and put forward an optimization plan for its transformation management system according to the existing problems.In general,government supervision has achieved remarkable results in the development and transformation process of securities firms,which are reflected in the following aspects: improving the awareness and level of securities firms’ compliance management,reducing market risks;Promote securities companies to strengthen corporate governance and improve the internal control system;Strengthen the brokerages to customer risk assessment attention,improve the product recommendation compliance;It has improved the internal management and risk control of investment banking business,and improved the business quality and market competitiveness.Optimize the brokerage customer service,enhance the industry image;Strengthen the securities self-discipline consciousness,promote their conscious compliance with the market rules;Enhance investors’ confidence in the market and maintain market order.These government regulatory effects have provided strong support for the development and transformation of securities firms,and promoted the healthy,stable and sustainable development of the industry.In the future development process,the government regulatory departments need to continue to pay attention to the development of the industry,constantly optimize the regulatory system,and create a good market environment for the sustainable development of the securities industry.