According to Article 95 of People's Republic of China (PRC) Securities Investment Fund Law, after the non-public offering of funds ends, the fund manager shall file with the fund industry association. If the total amount of fund raised or the number of fund share holders reaches the prescribed standards, the fund industry association shall report to the securities regulatory authority in the State Council.

Securities investment in non-public offering of fund property includes buying and selling stocks, bonds and fund shares of publicly issued joint stock limited companies, as well as other securities and their derivatives as stipulated by the State Council Securities Regulatory Authority.

Private equity funds have three organizational forms: corporate system, partnership system and contract system, so item D is wrong.