wholesale jewelry places in the garment district Is private equity illegal law?

jewelry wholesaler salt lake city Legal analysis: As long as private equity funds meet the legal forms and requirements, it is legal in China.
Legal basis: The "Law of the Securities Investment Fund of the People's Republic of China"
Article 87 Non -public fundraising funds shall be raised to qualified investors, and qualified investors shall not exceed 200 people.
The qualified investors in the previous paragraph refers to units and individuals with corresponding risk recognition capabilities and risk bearing capacity, and their fund share subscription amount is not lower than the specified limit.
The specific standards for qualified investors shall be stipulated by the State Council's securities supervision and management agency.
The except for the fund contract with another agreement, non -public fundraising funds shall be custody of the fund custodian.
The fund manager who serves as non -public fundraising funds shall perform the registration procedures to the Fund Industry Association in accordance with regulations and submit the basic situation.
The Article 90 without registration, no unit or individual may use the word "fund" or "fund management" or approximate names for securities investment activities; however, except for other provisions of laws and administrative regulations.
It 91 non -public fundraising funds shall not raise funds from units and individuals other than qualified investors, and shall not pass public communication media or lectures, reports, analysis meetings, etc. Methods to publicize to unspecified objects.
The non -public fundraising fund shall be formulated and signed a fund contract. Fund contracts should include the following content:
(1) The rights and obligations of fund share holders, fund managers, and fund custodians;
(2) The operation method of the fund; ) The fund's capital contribution method, amount, and subscription period;
(4) the investment scope, investment strategy and investment restrictions of the fund; 6) Relevant expenses borne by the fund;
(7) content and methods provided by the fund information;
(8) Subsidies and methods for subscribing, redemption or transfer of fund share;
(Nine (9th ) The reasons and procedures for the change, lifting and termination of the fund contract;
(ten) the fund's property liquidation method;
(11) Other matters agreed by the parties.
The fund shares of the fund shares shall comply with the provisions of Article 87 and 91 of the Law.