Views sought for investment fund rule
Print Edition
CHINESE authorities are soliciting public opinion on a provisional regulation that aims to further regulate activities involving private investment funds.
The regulation focuses on risk prevention and protection of investor rights during fund raising and investment operations, the Legal Affairs Office of the State Council, China’s Cabinet, said yesterday in a note.
It is necessary to issue such a regulation given the irregularities arising in the fast-developing industry in recent years, the office said.
The regulation states that fund managers and custodians should join the industry association to submit information on fund operations and the association should create a mechanism to handle investors’ complaints.
The public can give feedback on the provisional regulation by visiting the office’s website before September 30.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
