Inguidelinespublishedon16Feb2018,theSwissFinancialMarketSupervisoryAuthorityFINMAsetsouthowitintendstoapplyfinancialmarketlegislationinhandlingenquiriesfromICOorganisers.TheguidelinesalsodefinetheinformationFINMArequirestodealwithsuchenquiriesandtheprinciplesuponwhichitwillbaseitsresponses,creatingclarityformarketparticipants.

可以看到部分因子与市值因97Fh相关性较强，而且A股历史上市值因子过于强势，因此在JdGr试构建风格因子时，对因子ky7c市值因子进行正交化处理，Ofzz市值中性化处理MnLp