The Shenzhen Securities Regulatory Bureau has instructed ShenFu Securities Investment Advisory Co., Ltd. in Shenzhen to make corrections.
Shenzhen Qifu Securities Investment Advisory Co., Ltd. was taken regulatory measures by the Shenzhen Securities Regulatory Bureau for failing to register and conduct business in accordance with the law, having misleading marketing promotion in their processes, inadequate compliance management, and inadequate investor suitability management. The company is required to submit a written rectification report within 30 days.
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