As underwriters, securities companies must earnestly perform their duties and be held responsible for recommending stock issuers, give instructions to issuers for initial public offering or reshaped companies for additional offering or allotment. Securities companies also need to guide issuers for a standardized governing structure to guarantee potential issuers' stock issuance.

For issuers' illegal behaviors, securities companies should ask them to correct and give explanation. Securities companies shall not recommend those that failed to cooperate with securities companies.

Securities companies must also call on stock issuers to check into and confirm issuers' business performance and their commitments. Result reports shall be bulletined on related newspapers or websites.

Securities companies are asked to strengthen internal management and follow the "fire-wall" principle to prevent private transaction and manipulation of market by internal staffs.

(People's Daily 04/02/2001)