The Fund Practitioner Qualification Examination subject one "Fund Laws and Regulations, Professional Ethics and Business Standards" and subject two "Basic Knowledge of Securities Investment Funds" can be distinguished through the examination syllabus. Since the examination contents of subject one and subject two are the same, they constitute two volumes of the textbook "Securities Investment Funds". No matter which of the two subjects you apply for, you need to purchase two textbooks.

Fund practitioners should abide by the Securities Investment Fund Law, various laws and regulations, self-regulatory rules and professional ethics issued by the Securities Regulatory Authority of the State Council and the Fund Industry Association, and master basic business norms. In order to enhance the compliance and legal awareness of fund practitioners and improve the level of professional ethics and professional standards, the subject "Fund Laws and Regulations, Professional Ethics and Business Standards" is specially set up.

Those who have passed the "Securities Investment Fund" subject examination organized by the Securities Industry Association, and passed subject one of the Asset Management Association within four years, can apply to the Asset Management Association for registered fund practitioner qualifications through their institutions. If you fail to pass subject one for more than four years, you need to retake subject one and subject two. After passing the exam, you can apply to the Fund Industry Association for registered fund practitioner qualifications through your institution.