Protecting the interests of small and medium investors is a joke.

The CSRC did not understand the basic situation of China A-share market, and copied the dissolution mechanism of the United States rashly, which led to the stock market crash. After the dissolution mechanism was introduced into the United States, the American stock market was very stable, and after the introduction of China, it became a historical tragedy. Why? That is the T+0 system implemented in the United States. For T+0 system, it is easier to avoid risks in various situations, and it is relatively safer under the protection of dissolution mechanism, which is not easy to cause market panic. But the domestic system is different. We practice T+ 1. Under this cage system, coupled with the dissolution mechanism, the nature has completely changed, that is, when certain situations are encountered. At this time, the dissolution mechanism of T+ 1 became fetters, which bound investors to death, so they could not survive even after death, which led to the disaster of A shares. They don't understand that if the dissolution mechanism must be implemented before China,