Securities practitioners can buy other funds, wealth management and income certificates as long as they don't buy stocks. The red line for securities practitioners is that they can't buy stocks.

Fund sales must have a fund qualification certificate. After passing the fund qualification certificate, it is also necessary for the unit to apply for the fund qualification in China Fund Industry Association. China Fund Industry Association can only do fund exhibition work through application.

Whether it is a bank or a brokerage firm, sales funds need to take the qualification certificate of the fund. Without fund qualification, you can't do any fund-related work. Fund qualification certificate is the threshold for funds to enter the industry.