[China Securities Regulatory Commission: Enhancing the space for public offerings to use futures tools for risk management and enriching strategies] The China Securities Regulatory Commission today released the "Measures for the Operation and Management of Publicly Offered Securities Investment Funds (Draft for Comment)." To provide institutional space for public funds to better use futures tools for risk management and enrich investment strategies, the "Operational Measures" draft clearly proposes to improve the definitions of stock funds and bond funds, and allow stock index futures and treasury bond futures to include the total value of purchased and sold futures contracts in stock assets and bond assets in accordance with relevant regulations in accordance with relevant regulations. In addition, the consultation draft also revised and enriched the types of fund operation methods, added "closed-end funds with no fixed period", and deleted the original mandatory annual dividends and distribution ratio requirements for closed-end funds. (Reporter Zhou Xiaoya)