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Can managers of private equity funds open multiple corporate bank accounts?
If you are a private fund manager and are about to open a securities account, you should listen to Bian Xiao nagging me!

From May 3, 20 16, institutional investors need to fill in the new application form for securities account business when opening securities accounts. If you are a private fund manager, you need to pay more attention to two items than other institutional investors: "Are you a private fund manager who should be registered with China Fund Industry Association" and "Private fund manager code". The details are as follows:

(1) If you are a private fund manager and have been registered with China Fund Industry Association, please check "Yes" in the column "Are you a private fund manager who should be registered with China Fund Industry Association" in the new Securities Account Business Application Form, and fill in the private fund manager code;

(2) If it is a private fund manager, it has not gone through the registration procedures for private fund managers in China Fund Industry Association. Sorry, you need to go through the relevant registration procedures to apply for opening a securities account;

(3) If you are an institution other than a private fund manager, please check "No" in the column of "Are you a private fund manager who should be registered with China Fund Association" in the securities account business application form, and the securities company will still open a securities account for you according to the original account opening process.