The fund supervision institution is an integral part of the securities supervision institution, and it is an institution established by the government to protect the interests of fund investors, standardize fund trading and operation, maintain the order of the fund market and promote the healthy development of the fund market. They strictly supervise and manage fund activities. Fund regulators have the right to examine and approve funds according to law, put the established funds on record, supervise and manage the listing of fund managers, fund custodians and other relevant intermediaries, and investigate and deal with violations of laws and regulations.