China Securities Association Unit Surveys Investor Complaints Over Brokerage Trading Commissions

China's Securities Association is conducting an industry survey on investor securities trading commissions through a task force under its Investor Services and Protection Committee, according to Jiemian News. The survey seeks views on complaint patterns tied to commission issues under current policy, how brokers disclose commission rates to clients, pricing practices, the use of net commissions, and suggestions for improving the current commission management model. The survey also asks whether the current minimum commission charge of 5 yuan per trade, set under the notice on adjusting securities trading commission standards, should be revised. Jiemian News reported that the association is collecting industry feedback on several common complaint scenarios, including large fee gaps between new and existing clients, complaints over commission reductions or refunds after market swings and investment losses, insufficient disclosure of trading fees during online account opening, and opaque fee disclosure through trading terminals and apps.