China Securities Regulatory Commission is a ministerial-level institution directly under the State Council. According to laws and regulations and the authorization of the State Council, it uniformly supervises and manages the national securities and futures market, maintains the order of the securities and futures market, and ensures its legal operation.

The review by China Securities Regulatory Commission can strengthen the management of securities investment funds, protect the legitimate rights and interests of fund parties, and promote the healthy and stable development of the securities market. When applying for the establishment of a fund, the fund promoters must meet the requirements of the China Securities Regulatory Commission. If they have more than three years of securities investment experience, the paid-in capital shall not be less than 300 million yuan.