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Which personnel cannot serve as fund managers?
Other conditions stipulated by laws and administrative regulations and prescribed by the State Council Securities Regulatory Authority approved by the State Council: Fund managers shall not engage in the following acts: mix their own property or the property of others with fund property; engage in securities investment; treat different funds under their management unfairly; Using fund property to seek benefits for third parties other than fund share holders, illegally promising returns or bearing losses to fund share holders (5) Other matters prohibited by the securities regulatory authority of the State Council in accordance with the relevant provisions of laws and administrative regulations Fund practitioners who are not allowed to serve as fund managers if they are: those who have been sentenced to criminal penalties for corruption, bribery, dereliction of duty, property infringement, or undermining the order of the socialist market economy; or those who have bankrupted or liquidated the companies or enterprises they serve for due to poor management. Or directors, supervisors, factory directors, managers and other senior managers who are personally responsible for having their business licenses revoked due to violations of the law shall bear personal liability within five years from the date of the bankruptcy liquidation of the company or enterprise or the date when their business licenses were revoked. Employees of fund managers, fund custodians, stock exchanges, securities companies, securities registration and clearing institutions, futures exchanges, futures brokerage companies and other institutions who have large debts and have not been paid off when due and have been fired for illegal activities and State agency staff.?