The article focuses on the Measures on the Pilot Asset Management Business of Futures Companies from the China Securities Regulatory Commission. Criteria that futures companies need to fulfill to qualify for the pilot asset management business are given, one is to have a net capital of at least 500 million renminbi. Article 9 states that the initial entrusted assets of single clients need to be at least one million renminbi. Investment scope includes futures, options and central bank paper.
Published
2012
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