CICC he Yanchun: promoting the basic supply of the rule of law in the fund industry and stepping up efforts to crack down on crimes such as illegal fund-raising in the field of private placement. The first Forum on the Rule of Law in China's Capital Market with the theme of "Building the Rule of Law in Modern Capital Markets with Chinese characteristics" was held in Shanghai on June 10. He Yanchun, president of the China Foundation Association, said at the "Sub-Forum 3: opportunities and guarantee of the Rule of Law in the Futures Market of Fund Futures Derivatives" that the China Foundation Association will actively participate in the construction of the rule of law in the industry. specific measures include promoting the supply of basic rule of law, improving the adjudication rules of private equity fund disputes, improving the standards for determining criminal charges of private equity funds, and stepping up efforts to crack down on crimes such as illegal fund-raising in the field of private equity. He Yanchun said that under the protection of the rule of law, the fund industry has gradually grown into a "vanguard" of the asset management industry. The industry has grown in scale, optimized its structure, greatly improved its quality, achieved remarkable results in promoting the reform and development of the capital market, and has become an important force in residents' wealth management. Investor trust has been increasing, while the role of supporting innovative entrepreneurship and transformation and upgrading has become increasingly apparent, injecting new momentum into the development of the real economy.