The China Securities Regulatory Commission is seeking public comments on the “Administrative Measures on the Operation of Publicly Raised Securities Investment Funds” and supporting rules. The main contents of this rule revision are: First, adhering to problem orientation, improving fund investment and operation supervision requirements, and compacting the responsibilities of fund managers. The second is to support the development of equity funds, improve equity fund investment and operation arrangements, provide space for product innovation, and help introduce more medium- to long-term capital. The third is to optimize some regulatory indicators and mechanisms to improve the flexibility of fund operations.

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