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May 10thGovernorofpoker3onlineThe Bank of China Fund issued the announcement on updating the risk level of its public offering funds.

The reporter combed and found that, as of May 10, since the beginning of this year, there have been 17 fund managers under the product risk level changes. Overall, equity fund products upgrade the risk level in the majority, as many as more than 4000. Industry insiders believe that the update of the risk level of its products by fund companies is not only a requirement for them to actively fulfill their obligations of appropriateness and information disclosure, but also a major embodiment of their compliance management.

Lou Qiuran, assistant dean and associate professor of the School of Law of the University of International Business and Economics, said in an interview with reporters that in accordance with the regulations such as the measures for the suitability of Securities and Futures investors, when operating institutions sell products or provide services, they should first fully understand the investor information, including professional level, risk tolerance, risk-return preference and so on. Investors should then be provided with appropriate products or services in line with their risk tolerance and other characteristics. The fundamental purpose of this provision that fund companies should fulfill their appropriate obligations is to protect the legitimate rights and interests of public investors, achieve financial stability and maintain financial market order, which belongs to the category of maximizing public interest. (Securities Daily)