Securities Association of China

The Securities Association of China (SAC; Chinese: 中国证券业协会) is a self-regulatory organization for securities industry established according to the provisions of the "Securities Law of the People's Republic of China" and the "Administrative Regulations on the Registration of Public Organizations". SAC is a non-profit social institutional legal person function under the guidance and supervision of the China Securities Regulatory Commission (CSRC) and the Ministry of Civil Affairs of China.

The SAC is one of three major membership organizations under the CSRC, together with the China Futures Association (CFA) and Asset Management Association of China (ACAM).: 12 

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.