institutions at all levels should carry out at least two inspections on consignment business in Public Offering of Fund every year.

According to the relevant information, in order to implement the Notice of General Office of the State Council on Promoting Post-event Supervision of Random Spot Check, institutions at all levels carry out no less than 2 inspections in Public Offering of Fund on a commission basis every year in order to meet the national requirements.

Public Offering of Fund refers to a securities investment fund that raises funds from public investors in an open way and mainly invests in securities. Public Offering of Fund was recruited by mass media, and the promoters pooled public funds to set up investment funds for securities investment.

At present, the closed-end funds in the domestic securities market belong to Public Offering of Fund. Public Offering of Fund can be sold in bank outlets, securities company outlets and various fund marketing institutions, and can be advertised in a big way, and can be seen in various trading quotes.