Answer: A
In China, there are no strict market access restrictions for fund managers of non-public offering funds. Fund managers of non-public offering funds do not need the approval of China Securities Regulatory Commission, but implement a registration system, that is, fund managers of non-public offering funds only need to register with fund industry associations. Without registration, no unit or individual may use the words "fund" or "fund management" or similar names for securities investment activities.
material questions
answer questions 24-26 according to the following materials. An investment management company has been registered as a private equity investment manager in asset management association of china, and its main business is securities investment consulting and investment management. The management methods include self-issuing products and acting as an investment consultant for special account products issued by other fund management companies.
What's the explanation?