Zhejiang Securities Regulatory Bureau initiates self-examination of private sale, focusing on bond trading

On September 6th, Jin10 Data reported that the Zhejiang Securities Regulatory Bureau has launched a self-inspection of private sales, focusing on bond trading. A private sale manager in Zhejiang said that the self-inspection covers 20% of private sale managers in Zhejiang, with strong penetration requirements for financial, product, and investor information. 'In fact, the regulatory authorities investigated Zhejiang's private sale managers who only dealt with bonds last year, mainly targeting the situation where some private sale funds received comprehensive income at the end of last year,' said the above-mentioned private sale person. In addition, the private sale person mentioned above also stated that the regulatory authorities also focus on the nesting of products. 'Trust and FOF products currently do not require penetration, but we need to penetrate our own product nesting and list out the details.'