Analysis Of The Influence Of Limited Government Regulation On The Growth Of The Mutual Fund Cooperative Of ZL

Since 2007, mutual funds have been in a pilot state. With the rapid development of economy, it is becoming more and more important as a kind of financial institution in the country. In 2014, central government, after the central document, has stressed the need to encourage the development of new rural cooperative financial organizations, hoping to rely on local rural financial organizations to better promote the development of local rural and agricultural. But in the actual development process, phenomenon of critical leakage problems, illegal operation, illegal expansion scale, without permission illegal capital expansion and so on, which attracted the attention of the government regulators. In this situation, government supervision departments need to increase supervision, so as to ensure the healthy and standardized development of mutual funds. In 2015, central file for the first time put forward to mutual funds social supervision to implement the regulatory responsibility of local government, with regulatory powers to be transferred to local government regulatory authorities, The regulatory authority of the local government to increase, based on the theory proposed by the government Limited. Local government regulators in the actual supervision process will inevitably have an important impact on the growth of mutual funds.In order to further improve the supervision of government departments to fund mutual cooperatives, to understand the actual effect of mutual funds and local government supervision departments in the actual supervision work. In this paper, the use of questionnaire survey method, interview method, statistical analysis method for The mutual fund Cooperative, the Bureau of agricultural economics, the Banking Bureau and other third party for data acquisition. Due to the functions of various departments, the existence of differences, and credit union funds to the jurisdiction of the Department of obedience regulatory degree of difference. This paper designed questionnaire for chairman, China Banking Regulatory Commission, bureau of Agricultural Economics and other relevant personnel of interview and investigation, questionnaire main involved surveys the condition of government departments in the investigation of their own conditions can produce effect for the mutual funds social growth, finally gives the policy choice of the government limited regulation.This article focused on two aspects, mainly on the professional cooperatives of ZL and the local government’s regulatory authorities to track the study. Include the development status of the professional cooperatives of the public interest and the supervision of local government supervision department. On the one hand, Analysis present situation of the development of professional cooperatives. It mainly analyzes the current situation of the development and operation mechanism of the cooperatives. On the basis of this, the development of Mutual fund cooperative is divided into different stages, and the possible risks and problems are analyzed. On the other hand, analysis of the Agricultural Bureau and bureau of CBRC regulatory inputs. Include the basic situation of supervision, as well as the regulatory capacity of the regulatory authorities. On this basis, gives the effect from the favorable and adverse effects of the two aspects of the government’s limited supervision on the growth of mutual funds. So as to obtain the relevant theory:Limited government supervision is beneficial to the growth of mutual funds. According to the period of time, it has a lot of unfavorable conditions and not perfect, strength the supervision of the fund to help promote its standardization. But in the long term, With the emergence of external competitive institutions, mutual funds will be in a disadvantageous position. On the basis of comprehensive consideration, the paper gives some policy recommendations in the last part of the paper.mainly from the two levels of government regulation and financial aid agencies are given. The supervision of Mutual fund cooperative can not only rely on the supervision of government departments, but also depends on the improvement of the supervision of mutual funds.