[Brokerages and investment banks are not allowed to over-package or hype "star insurance agents"] On October 9, the insurance agency practice of investment banks ushered in comprehensive and strict regulations. The reporter learned that the China Securities Association has recently drafted the "Code of Conduct for Sponsor Representatives" and is soliciting opinions from the industry. The new regulations require that sponsoring institutions should scientifically coordinate project allocation, reasonably manage and control practice load, clarify the job responsibilities and performance specifications of recommendation representatives, and set an upper limit for the projects that sponsor representatives are responsible for at the same time. Sponsor institutions shall implement unified quality control standards and procedures for all projects signed by sponsor representatives, and shall not relax supervision and restraint on the professional behavior of sponsor representatives due to factors such as their personal reputation and industry influence, and shall not over-package or hype "star sponsor representatives". (Reporter Lin Jian)