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What is the responsibility of the fund manager to intentionally lose money?
Constitute a criminal act, involving fraud, etc.

As a professional investment manager, fund managers have the responsibility to protect the interests of investors and ensure the investment income and asset safety of funds. If you deliberately lose money, it will violate professional ethics and moral norms, damage the interests of investors, and even constitute a criminal act.

If their fund managers mislead investors into making wrong investment decisions and cause investors to suffer losses, they will face accusations of fraud.