criminal law
Article 266 Fraud
Whoever defrauds public or private property in a relatively large amount shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or public surveillance, and shall also, or shall only, be fined; If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than three years but not more than ten years and shall also be fined; If the amount is especially huge or there are other especially serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment, and shall also be fined or confiscated. Where there are other provisions in this Law, such provisions shall prevail.
Extended data:
Regulations on the administration of futures trading
Article 56 Where a futures company operates illegally or has significant risks, which seriously endangers the order of the futures market and damages the interests of customers, the futures regulatory agency of the State Council may take regulatory measures such as ordering it to suspend business for rectification and appointing other institutions to take custody or take over. With the approval of the the State Council futures regulatory authority, the following measures may be taken against the directors, supervisors, senior managers and other directly responsible personnel of the futures company:
(1) Notify the exit administration authorities to prevent them from leaving the country according to law;
(2) applying to the judicial organ to prohibit it from transferring, transferring or otherwise disposing of its property, or setting other rights on the property.
Article 57 Where the shareholders of a futures company make false capital contributions or withdraw their capital contributions, the the State Council Futures Regulatory Authority shall order them to make corrections within a time limit and may order them to transfer their shares in the futures company.