Legal analysis: Article 14 of "Several Provisions on Strengthening the Supervision of Private Investment Funds" stipulates the "Ten No's" prohibitive requirements for private fund managers and employees. The main contents are as follows: First, standardize the name and business scope of private fund managers, and cut off the old and new. The second is to optimize the supervision of group private equity fund managers and realize helping the superior and limiting the inferior. The third is to reiterate that private equity funds should be offered to qualified investors in a private way. The fourth is to clarify the property investment requirements of private equity funds. The fifth is to strengthen the regulatory requirements of private equity fund managers and employees, and standardize related party transactions. The sixth is to clarify legal responsibilities and transitional arrangements.
legal basis: article 3 of several provisions on strengthening the supervision of private investment funds is not registered, and no unit or individual may use the words "fund" or "fund management" or similar names to conduct private equity fund business activities, unless otherwise stipulated by laws and administrative regulations. Private fund managers should mark the words "private fund", "private fund management" and "venture capital" in their names, and mark the words "private investment fund management", "private securities investment fund management" and "venture capital fund management" in their business scope that reflect the characteristics of private funds entrusted to be managed.