{"id":53714,"date":"2016-08-02T06:32:27","date_gmt":"2016-08-02T10:32:27","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=53714"},"modified":"2016-08-02T06:32:27","modified_gmt":"2016-08-02T10:32:27","slug":"china-regulator-shutters-10000-funds","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2016\/china-regulator-shutters-10000-funds.html","title":{"rendered":"China Regulator Shutters 10,000 Funds"},"content":{"rendered":"<p>\n(Reuters) China&#8217;s funds regulator said on Monday it has canceled the licenses of over 10,000 funds, amid a crackdown on the country&#8217;s poorly regulated fund management sector, which has been dogged by runaway managers and misappropriation of investments.<\/p>\n<p>The move comes after the hedge fund industry was thrown into disarray earlier this year as managers rushed to comply with stringent new rules. &#8220;Some funds registered in reality had no intention of getting into the business,&#8221; the Asset Management Association of China (AMAC) said in a note posted on their official website.<\/p>\n<p><a href=\"http:\/\/www.reuters.com\/article\/us-china-funds-regulation-idUSKCN10D02Q?il=0\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) China&#8217;s funds regulator said on Monday it has canceled the licenses of over 10,000 funds, amid a crackdown on the country&#8217;s poorly regulated fund management sector, which has been dogged by runaway managers and misappropriation of investments. The move [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-53714","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53714","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=53714"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53714\/revisions"}],"predecessor-version":[{"id":53715,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53714\/revisions\/53715"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=53714"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=53714"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=53714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}