Investor awareness of the revised "Fund Law" continues to increase, according to the data from Jin10 on April 29th. The new "Nine Articles" clearly states the promotion of the revision of the "Securities Investment Fund Law" to facilitate the formation of a joint force to promote the high-quality development of the capital market. In addition to the recent irregularities in the public offering industry, the discussion on the revision of the "Fund Law" in the industry has focused on the difficult issue of protecting the rights and interests of fund investors: whether it is illegal operations such as front-running and bribery, or heavy-weight stock fraud leading to fund losses and delisting, why are there few fund investors actively seeking compensation? Exercising the right to file a lawsuit on behalf of fund investors is precisely one of the responsibilities of fund companies stipulated in the current "Fund Law". Industry professionals suggest that the revision of the "Fund Law" should implement the above-mentioned responsibilities, and at the same time, fully consider the coordination of other regulations such as the "Company Law" and "Securities Law" to form a comprehensive and coordinated regulatory system.
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Investor awareness of the revised "Fund Law" continues to increase, according to the data from Jin10 on April 29th. The new "Nine Articles" clearly states the promotion of the revision of the "Securities Investment Fund Law" to facilitate the formation of a joint force to promote the high-quality development of the capital market. In addition to the recent irregularities in the public offering industry, the discussion on the revision of the "Fund Law" in the industry has focused on the difficult issue of protecting the rights and interests of fund investors: whether it is illegal operations such as front-running and bribery, or heavy-weight stock fraud leading to fund losses and delisting, why are there few fund investors actively seeking compensation? Exercising the right to file a lawsuit on behalf of fund investors is precisely one of the responsibilities of fund companies stipulated in the current "Fund Law". Industry professionals suggest that the revision of the "Fund Law" should implement the above-mentioned responsibilities, and at the same time, fully consider the coordination of other regulations such as the "Company Law" and "Securities Law" to form a comprehensive and coordinated regulatory system.