When will People's Republic of China (PRC) Securities Law take effect?

In order to standardize the issuance and trading of securities, protect the legitimate rights and interests of investors, safeguard social and economic order and social public interests, and promote the development of socialist market economy, the Securities Law of People's Republic of China (PRC) is formulated. It was revised on February 29th 1998 by the Sixth Session of the Ninth NPC Standing Committee and implemented on July 29th 1999. People's Republic of China (PRC) Li Keqiang, Premier of the State Council of the People's Republic of China presided over the the State Council executive meeting on February 9, 20 19, and asked the National People's Congress Standing Committee (NPCSC) to authorize the State Council to adjust and apply the draft resolution of People's Republic of China (PRC) Securities Law in implementing the reform of the stock issuance registration system. 807