China Securities Regulatory Commission, Implementing Rules for the Pooled Asset Management Business of Securities Companies
中国证券监督管理委员会证券公司集合资产管理业务实施细则
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clpstaff &clp articlesScope of investment of pooled asset management plans of securities companies expanded.
Promulgated: October 18 2012
Effective: as of date of promulgation
Main contents: The proceeds raised for a pooled asset management plan shall be used to invest in stocks, bonds, securities investment funds, central bank notes, short-term financing bills, asset-backed securities, medium-term notes and financial derivatives such as stock index futures lawfully issued in the PRC, guaranteed return and guaranteed principal-variable return wealth management plans of commercial banks as well as other investment products approved by the CSRC.
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