According to the regulations of the CSRC, there are no special restrictions on the purchase of wealth management products by 70-year-olds. However, it should be noted that the elderly need to be cautious when purchasing wealth management products, fully understand the risks and benefits of products, and make reasonable decisions according to their own risk tolerance and investment objectives.

When purchasing wealth management products, the elderly can consult with banks, securities companies and other financial institutions to find out the detailed information, risk level and income of the products. At the same time, the elderly also need to pay attention to protecting their personal information and property security to avoid being infringed by fraud and illegal fund-raising.

To sum up, the CSRC has no special restrictions on the purchase of financial management for 70-year-old people, but the elderly need to choose products carefully, fully understand the risks and benefits, and make reasonable decisions according to their actual situation.

Legal basis:

The Securities Law of People's Republic of China (PRC) stipulates that investors should understand the risk level and income of securities products and make reasonable decisions according to their own risk tolerance and investment objectives. At the same time, investors also need to pay attention to protecting their personal information and property security to avoid being infringed by fraud and illegal fund-raising.

In addition, the Law of the People's Republic of China on the Protection of the Rights and Interests of the Elderly also stipulates that the elderly have the right to choose their own pension methods and purchase pension services. Therefore, there are no special restrictions on the purchase of wealth management products by 70-year-old people, but they need to choose products carefully, fully understand the risks and benefits, and make reasonable decisions according to their actual situation.