China Securities Regulatory Commission, the country’s top securities regulator will quicken the development of domestic “smart money” and strengthen supervision of institutions and market behaviour, said CSRC Chairman Yi Huiman at the Financial Street Forum. The CSRC will crack down on illegal fraudulent activities in finance, issuance, and market manipulation. Authorities will improve early warning mechanisms through monitoring market capital leveraging and corporate debt risks, and tracking high-frequency quantitative trading, according to Yi. (Source: Securities Times)