Every reporter Ren Fei every editor Xiao Ruidong
On July 7, the Tibet Securities Regulatory Bureau issued an announcement stating that Magpie Wealth Fund Sales Co., Ltd. has involved a number of violations in terms of operation management, internal control and information technology, and has been ordered to suspend relevant business for 6 months. Supervision and management measures.At the same time, the decision to issue a warning letter to the chairman of the company, Wang Zhengfeng.
The reporter of "Daily Economic News" found from the matters verified by supervision that Magpie Wealth did not renew the license from the China Securities Regulatory Commission within 5 working days from the date when the items recorded in the business license (legal representative) were changed, and the former general manager During his tenure, Zhang Jian worked as a manager in Beijing Rongwei Tongda Technology Co., Ltd. (resigned in March 2022) and did not file with the Tibet Securities Regulatory Bureau.
The reporter learned from Qixinbao that Wang Zhengfeng entered the executive list and became a legal representative on September 24, 2021. The predecessor Wang Jian took office on October 24, 2019, and Chen Hao quit at that time.According to the regulatory statement, during his tenure as the company's chairman and legal representative, Wang Zhengfeng did not renew the license from the China Securities Regulatory Commission within 5 working days from the date of the change of the legal representative, and the former chairman resigned and did not Conduct outgoing audits.
Generally speaking, due to the financial business involved, it is necessary to audit the departure of core executives to ensure that the departure is compliant and that there are no remaining problems.A person in the legal profession said in an exchange with reporters on WeChat on July 7: "The outgoing audit can either endorse the responsibility of the former executives, or make a responsibility cut for the new executives, that is, whoever is responsible for the affairs during their tenure. If you don’t do an outgoing audit, it will be difficult to explain any disputes over duties and responsibilities in the future.”
In other words, the endorsement of the responsibility of the executives is to clarify the "decision-making responsibilities" of each session.Obviously, Magpie Fortune did not implement the relevant regulations and report them as required.Not only that, the reporter found on the company's official website that on the display of the company's securities and futures business license, the legal representative was still shown as Wang Jianzheng, and among the management team, the chairman, general manager, chief risk officer, etc. To be added.
On July 7, the reporter tried to contact the official phone number of Magpie Fortune, but no one answered.
Since Magpie Wealth was ordered to suspend the supervision and management measures of related businesses for 6 months, the related fund sales and services related to the company may be suspended.Some people in the public fundraising industry said in an exchange with reporters on WeChat on July 7 that if the agency is suspended by supervision, its online and offline services will not be able to be provided normally.
In fact, since consumers who purchase funds through such channels can only apply for redemption through the original channel in principle, when the service provider shuts down, it will inevitably affect investors' normal redemption operations."You can redeem it wherever you subscribe." A person from the public offering industry in South China said.
Wind statistics show that as of July 7, 2022, Magpie Wealth has sold 1,768 public funds, involving 70 public fund institutions, and 9 new funds have been sold this month.Judging from the funds sold on an agency basis, there are 62 newly issued funds this year (all shares are counted), many of which are non-regular open products.
What should investors do in the event of a business suspension?Especially when it involves investors who need to handle redemption business, what should the original institution do when the original institution cannot provide relevant services?The reporter interviewed a number of fund companies and learned that redemption can be done by transferring custody to the direct sales account of the fund company.
In response to reporters on WeChat on July 7, a public fundraiser in South China mentioned that if the channel needs to be rectified, the customer can still redeem it, but it needs to be transferred to custody, and it needs to be initiated by the customer.Some people from the public fundraising circle in Beijing also said in an exchange with reporters on WeChat on July 7 that the company will contact customers to submit applications and transfer the fund shares it holds to the company's direct sales channels.
People in the public offering industry in South China said that if the application is not submitted by itself, it will be handled separately according to whether the holder has opened a direct sales account in the corresponding fund company.For those who have opened a direct sales account, the fund company will uniformly complete the transfer of custody of the relevant fund shares, and the holder can conduct follow-up business operations through the fund company's direct sales channel.
(Editor in charge: Li Rong)
