Article 46. Where an industrial fund is raised and established without approval, or false materials are provided to defraud the approval of the establishment of an industrial fund, the administrative organ shall ban it, order it to return the raised funds and their interest, and impose a fine of less than 3 million yuan according to the seriousness of the case, and investigate the administrative responsibility of the main person in charge.

Article 47 If the prospectus contains false records, or the promoters refuse to provide information related to investment risks, the administrative organ shall order the promoters and their principal responsible persons to bear the direct losses caused thereby.

Forty-eighth without approval, the establishment of industrial fund management companies or industrial fund management partnership companies and entrusted management of industrial funds shall be banned by the management authorities; Confiscate the illegal income and impose a fine of 6,543,800 yuan.

Engaged in industrial fund custody business without approval, the administrative organ shall order it to stop custody business, confiscate its illegal income and impose a fine of 6,543,800 yuan.

Article 49 If a fund custodian fails to separate the fund assets entrusted for management from the fund assets of the fund custodian in accordance with the regulations, or fails to manage the assets of multiple funds entrusted for management separately, it shall be ordered to make corrections, confiscate the illegal income and impose a fine of not less than 1 times but not more than 5 times the illegal income.

Article 50 Whoever violates the provisions of Chapter III and infringes the rights of shareholders shall be ordered by the administrative organ to make corrections within a time limit and be fined not more than 2 million yuan.

Article 51 If a fund company, fund manager or fund custodian violates the restrictions on investment operation in Chapter VI, the management authority shall give it a correction period of 65,438+00 working days; Confiscate the illegal income and impose a fine of more than 2 times and less than 5 times the illegal income. If no correction is made within the time limit, it shall be ordered to suspend business for rectification.

Article 52 If a fund manager or fund custodian violates the relevant charging regulations approved by the administrative organ and raises the charging standard without authorization, the administrative organ shall order it to make corrections, confiscate its illegal income and impose a fine of not less than 1 times but not more than 5 times its illegal income.

Article 53 If a fund manager or fund custodian fails to perform his duties or engages in malpractices for personal gain, the administrative organ shall order him to compensate the losses within 10 day and impose a fine of more than 2 times the losses and less than 0 times the losses 10; If the circumstances are serious, it shall be ordered to suspend business for rectification until its qualification is cancelled.

Article 54 If a fund manager or fund custodian fails to fulfill their reporting obligations, fails to provide or delays in providing relevant information and materials, or refuses or hinders the inspection and audit of the management institution, the management institution shall order it to make corrections. If the circumstances are serious, it shall be given a warning and notified until it is disqualified.

Article 55 Anyone who violates other relevant laws and regulations shall be punished according to the relevant provisions of the corresponding laws and regulations.