上交所发布《上海证券交易所基金自律监管规则适用指引第4号——交易型开放式基金风险管理》

Group 1 - The Shanghai Stock Exchange (SSE) has established new guidelines for risk management of Exchange-Traded Funds (ETFs) to enhance the management of ETF trading behaviors by its members and protect investors' rights [1] - The new self-regulatory rules, titled "Guidelines for Self-Regulatory Supervision of the Shanghai Stock Exchange No. 4 - Risk Management of Exchange-Traded Funds," will take effect on August 1, 2025 [1] - The previous guidelines issued on April 6, 2012, regarding the operational risk management of ETF management companies will be abolished [1]