Measures for the Administration of the Operation of Securities Investment Funds (Revised)
The Measures have been revised to pave the way for seed funding requiring the size of the fund to be at least Rmb50 million and the number of fundholders to be at least 200.
Issue: September/October 2012
CLP Reference: 3700/12.06.19
PRC Reference: 证监会令第79号
Promulgated: 19 June 2012
Effective: 19 June 2012
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(Promulgated by the China Securities Regulatory Commission on, and effective as of, June 19 2012.)
Part One: General provisions
Article 1: These Measures have been formulated pursuant to the Securities Investment Funds Law and other relevant laws and administrative regulations, in order to regulate the operational activities of securities investment funds, protect the lawful rights and interests of investors and promote the healthy development of the securities investment fund market.