Under the proposals, the CSRC would have the right to conduct on-site investigation of fund managers and custodian banks.
根据这些提议,中国证监会将有权对基金管理公司和托管银行进行现场调查。
2
Mr Madoff acted as custodian of assets that were placed with him and had no external administrator because he ran a brokerage, rather than a formal hedge fund, several investors say.