基金直播推介与面向老年人销售高风险产品迎来最新规范

Core Viewpoint - The China Securities Investment Fund Industry Association has released a draft for public consultation on the "Guidelines for the Suitability Management of Publicly Raised Securities Investment Fund Investors," aiming to enhance investor protection and regulate fund sales practices [1] Group 1: Regulatory Measures - The draft requires fund managers and sales institutions to strictly assess investors' risk tolerance and match it with fund risk levels, limiting assessments to a maximum of two per day and eight within a year [3] - Institutions must inform investors and adjust matching opinions promptly when there are changes in risk tolerance or fund risk levels [3] - The guidelines emphasize the need for institutions to establish review and control processes for fund sales during live broadcasts, including risk warnings and ensuring investors understand product characteristics [3] Group 2: Special Provisions for Senior Investors - For ordinary investors aged 65 and above, the draft imposes stricter sales requirements, including additional information gathering, enhanced risk warnings, and increased follow-up frequency to protect this demographic [3] Group 3: Risk Classification and Compliance - The draft specifies clearer requirements for fund risk classification, including quantitative and qualitative indicators, annual review mechanisms, and dynamic adjustments of risk levels based on factors like maximum stock positions and net value volatility [3] - The China Securities Investment Fund Industry Association will conduct self-regulatory inspections on compliance with these guidelines, with disciplinary actions for violations [4]