Judging from the difficulty of the exam, private placement is less difficult than public offering. "Basic Knowledge of Securities Investment Fund" involves more basic knowledge of investment, more icons, formulas and calculations, and the overall content is more scientific. Although there are some formulas and calculations for private placement, there are many provisions in the overall content and law, and the overall nature is relatively free.

From the application point of view, public offering subjects are much larger than private offering subjects. After public offering, you can engage in various fund businesses, private placement can engage in private fund managers, and personnel engaged in fund promotion and fund sales information management platform system operation and maintenance in fund sales institutions.

Public offering of employees of fund managers, fund custodians, securities and futures asset management institutions and fund service institutions (including fund sales, share registration, valuation, investment consultants, evaluation, information technology system services, etc.). ) Private placement is not allowed, but public offering is allowed.