?Local regulators are launching a huge campaign to clear the small and medium-sized online loan platform. Through sorting out the "exit guidance" issued by mutual fund associations and the announcement of liquidation announced by multiple platforms, we can see the determination of supervision to take the initiative and guide small and medium-sized platforms to clear up. With the continuous efforts of supervision, the speed of clearing up of the whole online loan industry, the theory of "scale" of clearing out is also on the rise, causing many disputes. Is the return standard of online loan platform really "one size fits all"? It is not accurate to say that the scale of voluntary refund by local regulators is "one size fits all". On January 32, Hangzhou online loan platform noble loan was "persuaded" by five departments. Its operation team issued a notice that it decided not to extend or renew the expired subject matter due to its participation in the conference on admonishing Internet financial enterprises to withdraw from the market jointly held by the district financial office, the Pub675555搜码王中王 lic Security Bureau, the industrial and commercial bureau, the park management committee, the disposal office and other five departments. "Yucaiyuan", another online loan platform in Hangzhou, was cleared by the financial office because it failed to meet the filing requirements. For another example, on February 22, Shanghai online loan platform "bench financing" issued a notice saying that it was "recommended" by Shanghai financial office to exit in a benign way. The policies of other regions to supervise the clearing and refunding of online lending platforms also include: on February 4, Hunan released a list of 53 P2P online lending institutions that have been banned in the first batch. On February 23, Guangzhou mutual fund rectification office encouraged institutions with small business volume, small balance to be collected or no willingness to continue to operate P2P network loan business to withdraw from the market after the completion of fund clearing.