私募合格投资者、普通投资者、专业投资者有什么关系？

hello Hello everyone 我是不卖私募的私募助手
买私募  卖私募  Private placement network
前面我们聊了私募的三种投资者认证的标准<h-char unicode="ff0c" class="biaodian cjk bd-end bd-cop bd-hangable bd-jiya" style="box-sizing: border-box; position: relative;"><h-inner style="box-sizing: border-box; -webkit-text-emphasis: none; position: absolute; left: 0px; top: 0px; display: inline-block; line-height: 1.1; letter-spacing: -0.5em;">，接下来我们详细介绍一下私募合格投资者<h-char unicode="3001" class="biaodian cjk bd-end bd-cop bd-hangable bd-jiya" style="box-sizing: border-box; position: relative;"><h-inner style="box-sizing: border-box; -webkit-text-emphasis: none; position: absolute; left: 0px; top: 0px; display: inline-block; line-height: 1.1; letter-spacing: -0.5em;">、普通投资者<h-char unicode="3001" class="biaodian cjk bd-end bd-cop bd-hangable bd-jiya" style="box-sizing: border-box; position: relative;"><h-inner style="box-sizing: border-box; -webkit-text-emphasis: none; position: absolute; left: 0px; top: 0px; display: inline-block; line-height: 1.1; letter-spacing: -0.5em;">、专业投资者有什么联系<h-char unicode="ff1f" class="biaodian cjk bd-end bd-jiya" style="box-sizing: border-box;">？
本文将从分类来源和划分依据来诠释私募合格投资者<h-char unicode="3001" class="biaodian cjk bd-end bd-cop bd-hangable bd-jiya" style="box-sizing: border-box; position: relative;"><h-inner style="box-sizing: border-box; -webkit-text-emphasis: none; font-weight: normal; position: absolute; left: 0px; top: 0px; display: inline-block; line-height: 1.1; letter-spacing: -0.5em;">、普通投资者<h-char unicode="3001" class="biaodian cjk bd-end bd-cop bd-hangable bd-jiya" style="box-sizing: border-box; position: relative;"><h-inner style="box-sizing: border-box; -webkit-text-emphasis: none; font-weight: normal; position: absolute; left: 0px; top: 0px; display: inline-block; line-height: 1.1; letter-spacing: -0.5em;">、专业投资者之间的关系

<h-char unicode="300a" class="biaodian cjk bd-open bd-jiya" style="box-sizing: border-box;"><h-inner style="box-sizing: border-box; margin-left: -0.5em;">《证券futures投资者适当性管理办法<h-char unicode="300b" class="biaodian cjk bd-close bd-end bd-jiya" style="box-sizing: border-box;"><h-inner style="box-sizing: border-box; letter-spacing: -0.5em;">》将投资者区分为<h-char unicode="201c" class="biaodian cjk bd-open punct" style="box-sizing: border-box; font-family: "Han Heiti GB";">“普通投资者<h-char unicode="201d" class="biaodian cjk bd-close bd-end punct" style="box-sizing: border-box; font-family: "Han Heiti GB";">”and<h-char unicode="201c" class="biaodian cjk bd-open punct" style="box-sizing: border-box; font-family: "Han Heiti GB";">“专业投资者<h-char unicode="201d" class="biaodian cjk bd-close bd-end punct" style="box-sizing: border-box; font-family: "Han Heiti GB";">”<h-char unicode="3002" class="biaodian cjk bd-end bd-cop bd-hangable bd-jiya bd-consecutive" style="box-sizing: border-box; position: relative;"><h-inner style="box-sizing: border-box; -webkit-text-emphasis: none; position: absolute; left: 0px; top: 0px; display: inline-block; line-height: 1.1; letter-spacing: -0.5em;">。<h-char unicode="300a" class="biaodian cjk bd-open bd-jiya bd-consecutive end-portion" prev="bd-end bd-cop" style="box-sizing: border-box;"><h-inner style="box-sizing: border-box; margin-left: -0.5em;">《私募投资基金监督管理暂行办法<h-char unicode="300b" class="biaodian cjk bd-close bd-end bd-jiya" style="box-sizing: border-box;"><h-inner style="box-sizing: border-box; letter-spacing: -0.5em;">》将私募基金投资者分为<h-char unicode="201c" class="biaodian cjk bd-open punct" style="box-sizing: border-box; font-family: "Han Heiti GB";">“不特定社会公众<h-char unicode="201d" class="biaodian cjk bd-close bd-end punct" style="box-sizing: border-box; font-family: "Han Heiti GB";">”and<h-char unicode="201c" class="biaodian cjk bd-open punct" style="box-sizing: border-box; font-family: "Han Heiti GB";">“合格投资者<h-char unicode="201d" class="biaodian cjk bd-close bd-end punct" style="box-sizing: border-box; font-family: "Han Heiti GB";">”<h-char unicode="3002" class="biaodian cjk bd-end bd-cop bd-hangable bd-jiya" style="box-sizing: border-box; position: relative;"><h-inner style="box-sizing: border-box; -webkit-text-emphasis: none; font-weight: normal; position: absolute; left: 0px; top: 0px; display: inline-block; line-height: 1.1; letter-spacing: -0.5em;">。
2016year7month15日起实施的<h-char unicode="300a" class="biaodian cjk bd-open bd-jiya" style="box-sizing: border-box;"><h-inner style="box-sizing: border-box; margin-left: -0.5em;">《私募基金募集行为监督管理暂行办法<h-char unicode="300b" class="biaodian cjk bd-close bd-end bd-jiya" style="box-sizing: border-box;"><h-inner style="box-sizing: border-box; letter-spacing: -0.5em;">》第三十二条第二款规定<h-char unicode="ff1a" class="biaodian cjk bd-end bd-jiya" style="box-sizing: border-box;">：投资者为专业投资机构的<h-char unicode="ff0c" class="biaodian cjk bd-end bd-cop bd-hangable bd-jiya" style="box-sizing: border-box; position: relative;"><h-inner style="box-sizing: border-box; -webkit-text-emphasis: none; position: absolute; left: 0px; top: 0px; display: inline-block; line-height: 1.1; letter-spacing: -0.5em;">，可不适用本办法第二十九条<h-char unicode="3001" class="biaodian cjk bd-end bd-cop bd-hangable bd-jiya" style="box-sizing: border-box; position: relative;"><h-inner style="box-sizing: border-box; -webkit-text-emphasis: none; position: absolute; left: 0px; top: 0px; display: inline-block; line-height: 1.1; letter-spacing: -0.5em;">、第三十条<h-char unicode="3001" class="biaodian cjk bd-end bd-cop bd-hangable bd-jiya" style="box-sizing: border-box; position: relative;"><h-inner style="box-sizing: border-box; -webkit-text-emphasis: none; position: absolute; left: 0px; top: 0px; display: inline-block; line-height: 1.1; letter-spacing: -0.5em;">、第三十一条的规定<h-char unicode="3002" class="biaodian cjk bd-end bd-cop bd-hangable bd-jiya" style="box-sizing: border-box; position: relative;"><h-inner style="box-sizing: border-box; -webkit-text-emphasis: none; position: absolute; left: 0px; top: 0px; display: inline-block; line-height: 1.1; letter-spacing: -0.5em;">。
这里引出了专业投资机构<h-char unicode="ff0c" class="biaodian cjk bd-end bd-cop bd-hangable bd-jiya" style="box-sizing: border-box; position: relative;"><h-inner style="box-sizing: border-box; -webkit-text-emphasis: none; position: absolute; left: 0px; top: 0px; display: inline-block; line-height: 1.1; letter-spacing: -0.5em;">，什么是专业投资机构<h-char unicode="ff1f" class="biaodian cjk bd-end bd-jiya" style="box-sizing: border-box;">？2017year7month1日起施行的<h-char unicode="300a" class="biaodian cjk bd-open bd-jiya" style="box-sizing: border-box;"><h-inner style="box-sizing: border-box; margin-left: -0.5em;">《证券期货投资者适当性管理办法<h-char unicode="300b" class="biaodian cjk bd-close bd-end bd-jiya bd-consecutive" style="box-sizing: border-box;"><h-inner style="box-sizing: border-box; letter-spacing: -0.5em;">》<h-char unicode="ff08" class="biaodian cjk bd-open bd-jiya bd-consecutive end-portion" prev="bd-close bd-end" style="box-sizing: border-box;"><h-inner style="box-sizing: border-box; margin-left: -0.5em;">(hereinafter referred to as<h-char unicode="300a" class="biaodian cjk bd-open bd-jiya" style="box-sizing: border-box;"><h-inner style="box-sizing: border-box; margin-left: -0.5em;">《办法<h-char unicode="300b" class="biaodian cjk bd-close bd-end bd-jiya bd-consecutive" style="box-sizing: border-box;"><h-inner style="box-sizing: border-box; letter-spacing: -0.5em;">》<h-char unicode="ff09" class="biaodian cjk bd-close bd-end bd-jiya bd-consecutive end-portion" prev="bd-close bd-end" style="box-sizing: border-box;"><h-inner style="box-sizing: border-box; letter-spacing: -0.5em;">）第七条<h-char unicode="3001" class="biaodian cjk bd-end bd-cop bd-hangable bd-jiya" style="box-sizing: border-box; position: relative;"><h-inner style="box-sizing: border-box; -webkit-text-emphasis: none; position: absolute; left: 0px; top: 0px; display: inline-block; line-height: 1.1; letter-spacing: -0.5em;">、第八条对此有详细规定<h-char unicode="3002" class="biaodian cjk bd-end bd-cop bd-hangable bd-jiya" style="box-sizing: border-box; position: relative;"><h-inner style="box-sizing: border-box; -webkit-text-emphasis: none; position: absolute; left: 0px; top: 0px; display: inline-block; line-height: 1.1; letter-spacing: -0.5em;">。
第七条 投资者分为普通投资者与专业投资者<h-char unicode="3002" class="biaodian cjk bd-end bd-cop bd-hangable bd-jiya" style="box-sizing: border-box; position: relative;"><h-inner style="box-sizing: border-box; -webkit-text-emphasis: none; position: absolute; left: 0px; top: 0px; display: inline-block; line-height: 1.1; letter-spacing: -0.5em;">。
普通投资者在信息告知<h-char unicode="3001" class="biaodian cjk bd-end bd-cop bd-hangable bd-jiya" style="box-sizing: border-box; position: relative;"><h-inner style="box-sizing: border-box; -webkit-text-emphasis: none; position: absolute; left: 0px; top: 0px; display: inline-block; line-height: 1.1; letter-spacing: -0.5em;">、风险警示<h-char unicode="3001" class="biaodian cjk bd-end bd-cop bd-hangable bd-jiya" style="box-sizing: border-box; position: relative;"><h-inner style="box-sizing: border-box; -webkit-text-emphasis: none; position: absolute; left: 0px; top: 0px; display: inline-block; line-height: 1.1; letter-spacing: -0.5em;">、适当性匹配等方面享有特别保护<h-char unicode="3002" class="biaodian cjk bd-end bd-cop bd-hangable bd-jiya" style="font-weight: bold; box-sizing: border-box; position: relative;"><h-inner style="box-sizing: border-box; -webkit-text-emphasis: none; position: absolute; left: 0px; top: 0px; display: inline-block; line-height: 1.1; letter-spacing: -0.5em;">。
私募合格投资者<h-char unicode="3001" class="biaodian cjk bd-end bd-cop bd-hangable bd-jiya" style="box-sizing: border-box; position: relative;"><h-inner style="box-sizing: border-box; -webkit-text-emphasis: none; position: absolute; left: 0px; top: 0px; display: inline-block; line-height: 1.1; letter-spacing: -0.5em;">、普通投资者<h-char unicode="3001" class="biaodian cjk bd-end bd-cop bd-hangable bd-jiya" style="box-sizing: border-box; position: relative;"><h-inner style="box-sizing: border-box; -webkit-text-emphasis: none; position: absolute; left: 0px; top: 0px; display: inline-block; line-height: 1.1; letter-spacing: -0.5em;">、专业投资者有什么关系<h-char unicode="ff1f" class="biaodian cjk bd-end bd-jiya" style="box-sizing: border-box;"><h-inner style="box-sizing: border-box;">？
私募合格投资者是一种投资门槛<h-char unicode="ff0c" class="biaodian cjk bd-end bd-cop bd-hangable bd-jiya" style="box-sizing: border-box; position: relative;"><h-inner style="box-sizing: border-box; -webkit-text-emphasis: none; font-weight: normal; position: absolute; left: 0px; top: 0px; display: inline-block; line-height: 1.1; letter-spacing: -0.5em;">，是准入要求<h-char unicode="ff0c" class="biaodian cjk bd-end bd-cop bd-hangable bd-jiya" style="box-sizing: border-box; position: relative;"><h-inner style="box-sizing: border-box; -webkit-text-emphasis: none; font-weight: normal; position: absolute; left: 0px; top: 0px; display: inline-block; line-height: 1.1; letter-spacing: -0.5em;">，而普通投资者和专业投资者是对投资者超细分<h-char unicode="ff0c" class="biaodian cjk bd-end bd-cop bd-hangable bd-jiya" style="box-sizing: border-box; position: relative;"><h-inner style="box-sizing: border-box; -webkit-text-emphasis: none; font-weight: normal; position: absolute; left: 0px; top: 0px; display: inline-block; line-height: 1.1; letter-spacing: -0.5em;">，提供不同产品和服务