The price of the fund shrinks and rises!-tw.battle.net

The price of the fund shrinks and rises! Sina fund exposure platform: letter Phi lag false propaganda, performance is lower than the same product for a long time, how to buy the fund was pit? Click on [I want to complain], Sina help you expose them! Source: financial home Author: Liu Xinfeng Guide: there is no doubt that 2016 is the fund regulatory year! At present, the regulatory tentacles have been extended from the public private equity business to the fund third party sales institutions, and continue to overweight, under pressure, the fund consignment business showed reduced, but closely related to the fund sales license prices are showing a rising market. Since the beginning of this year, various policies have emerged, and the supervision has gradually become normalized. In the process of supervision, the public and private equity institutions bear the brunt, and now the third party sales agency also ushered in the inspection situation, but the management of overweight determination is still firm, the day-to-day supervision of the fund has been the general trend. At present, the northern region is being ushered in the third party fund sales institutions to check the situation, in the "general idea of supervision according to law, comprehensive supervision and strict supervision", more funds to the local securities regulatory bureau issued a notice, request to carry out a comprehensive self-examination and rectification, effectively preventing business risks, and clearly defined the completion of the rectification period, the fund consignment agency the pressure increasing. At the same time, Shanghai, Jiangsu, Shenzhen and other fund sales centers have also received notification of self-examination and on-site inspection. Weekly report self check progress, send monthly fund sales situation, regular self-examination and acceptance of spot checks, is the day-to-day fund distributors. Self check content is similar, but the ultimate goal is consistent, that is, check whether the fund sales agency in the sales process exists irregularities. The self-examination of the content is very detailed, including the publicity and promotional materials are false, misleading, omission, or illegal gains commitment, performance prediction; whether the fund is less than the cost of sales cost; misappropriate the fund sales settlement funds or fund sales settlement accounts used in non-public fund sales business; whether to fully disclose the risks to investors, have without the ability to bear the risk of misleading investors to buy and not quite fund products and other illegal issues. Under regulatory pressure, fund agencies have to frequently modify official website promotion and product copywriting, especially private after the implementation of new regulations, to control the changes very much, funds after is the norm. And in all violations of sales behavior, the most criticized is the fund third party "sales subcontracting" behavior, that is, without qualification institutions borrow the independent fund sales institutions in the name, to obtain fund sales or underwriting share, and share the fund sales behavior. And the rise of "selling subcontracting" behavior is directly related to the recent tightening of the approval of the fund sales license. It is reported that the current provisions of the independent fund sales institutions need to meet: registered capital of not less than 20 million yuan, and must be paid in monetary capital; business premises, and adapt to the fund sales business security facilities and other facilities; the last 3 years not subject to criminal penalties, administrative penalties in recent 3 years are not financial supervision and industry regulation, industry and commerce, taxation and other administrative departments; fund qualification of the personnel of not less than 10 of men

基金代销缩缩缩 牌照价格涨涨涨! 新浪基金曝光台:信披滞后虚假宣传,业绩长期低于同类产品,买基金被坑怎么办?点击【我要投诉】,新浪帮你曝光他们!   来源:金融之家 作者:刘信凤   导读:毫无疑问,2016年是基金监管大年!目前来看,监管触手已从公私募机构业务延伸至基金第三方销售机构,并且持续加码,重压之下,基金代销业务呈现缩减,但与之息息相关的基金销售牌照价格却呈现一路上涨的行情。   年初至今,各项政策层出不穷,监管逐渐呈现常态化。监管过程中,公、私募机构首当其冲,而今基金第三方销售机构也迎来检查风云,但管理层加码决心依然坚定,基金监管日常化已然大势所趋。   目前,北方地区正迎来基金第三方销售机构检查风云,在“依法监管、全面监管、从严监管”的总体思路下,多地证监局向当地基金代销机构下发通知,要求全面开展自查整改,有效防范业务风险,并明确规定整改完成期限,基金代销机构压力递增。与此同时,上海、江苏、深圳等基金销售重镇的机构也陆续接到要进行自查和现场检查的通知。每周汇报自查进展,按月报送基金销售情况,定期进行自查和接受现场抽查已是基金代销机构的日常。   自查内容大同小异,但最终目的一致,即清查基金代销机构在销售过程中是否存在违规行为。自查的内容非常细致,包括宣传推介材料是否存在虚假、误导、遗漏,或者违规承诺收益、预测业绩;是否以低于成本的费用销售基金;是否挪用基金销售结算资金或者将基金销售结算专用账户应用于非公募基金销售业务;是否向投资人充分揭示风险,有无误导投资人购买与其风险承担能力不相当的基金产品等违规问题。在监管压力下,基金代销机构不得不频繁修改官网宣传及产品文案等,尤其私募新规实施后,需要对照修改的地方非常多,基金代销机构数易其稿已是常态。   而在所有违规的销售行为中,最受诟病当属基金第三方的“销售分包”行为,即无资质机构借用独立基金销售机构的名义,来获取基金代销或包销份额,并分享基金销售费的行为。而“销售分包”行为的大肆崛起,与近期基金销售牌照审批收紧直接关联。   据悉,当前规定独立基金销售机构需满足:注册资本不低于2000万元人民币,且必须为实缴货币资本;有与基金销售业务相适应的营业场所、安全防范设施和其他设施;最近3年没有受到刑事处罚,最近3年没有受到金融监管、行业监管、工商、税务等行政管理部门的行政处罚;取得基金从业资格的人员不少于10人等条件。如此严苛的限制之下,众多不符要求的机构开始询价基金销售牌照以期达到“曲线救国”。   监管层除对持牌机构展开持续的监督检查外,对新牌照的申请审核也日益审慎。统计显示,今年初至7月末,各月独立基金销售牌照的发放数量分别为9张、6张、5张、2张、0张、3张和1张,基本呈逐月递减趋势,而且7月份之后再无新牌照发放。多位独立基金销售机构人士分析,收紧审批一来意在通过优胜劣汰重新洗牌,二来也是和私募管理人登记备案业务全面收紧的思路一以贯之,加强自律管理。   监管审批收紧造成的直接影响是基金销售牌照日益紧俏,因市场需求一直存在,牌照价格随之水涨船高。据悉,去年一个牌照估值在300―500万元之间,而今价格节节攀升,尤其私募新规实施后,基金代销牌照最高价已达2200万元,涨幅惊人。但有业内人士分析认为,监管收紧基金销售牌照审批,可能是配合当前监管需求的暂时行为,不排除后期再次放开审批的可能。   无论是对持牌机构的检查规范,还是对申请机构的审慎批复,都显示出管理层对第三方基金销售市场日益重视。从更大背景来看,对基金销售第三方的持续规范检查,与有关方面近期一系列加强监管执法、维护市场平稳运行的措施相互呼应,也与有关方面要求把保护投资者合法权益放在突出位置的要求不谋而合,这或将引发基金业内重新洗牌,通过优胜劣汰的市场筛选,重塑基金业内生态环境,引导基金业更加健康的向前发展。 进入【新浪财经股吧】讨论相关的主题文章: