According to the "Administrative Measures for the Private Equity Asset Management Business of Securities and Futures Asset Management Institutions", when any of the following circumstances occurs, the asset management plan shall be terminated (　).

Answer: C

The asset management plan will be terminated under any of the following circumstances:

(1) The duration of the asset management plan expires and will not be extended;< /p>

(2) The securities and futures business institution has its asset management business qualifications revoked according to law, or is dissolved, revoked, or declared bankrupt according to law, and there is no new manager to take over within six months;

(3) The custodian’s fund custody qualification has been revoked according to law, or it has been dissolved, revoked, or declared bankrupt according to law, and there is no new custodian to take over within six months;

(4) After approval by all investors , the securities and futures operating institution and the custodian decide to terminate through consensus;

(5) The circumstances that should be terminated as stipulated in the asset management contract occur;

(6) The existence of the collective asset management plan During the period, there are less than two investors for five consecutive working days;

(7) Other situations stipulated by laws, administrative regulations and the China Securities Regulatory Commission.