To accommodate the needs of developing the capital market, on October 13, 2009, the China Securities Regulatory Commission (“CSRC”) published on its website the Decision to Amend Section 14 and Section 19 of the Rules on the Administration of Securities Registration and Settlement (Draft for Comment) (the“Draft”) to solicit public comments. The Draft amends the following two sections in the Rules on the Administration of Securities Registration and Settlement effective on July 1, 2006: