Is the State Council Futures Regulatory Authority and China Securities Regulatory Commission the same institution?
China Securities Regulatory Commission is a public institution directly under the State Council. According to laws, regulations and the State Council's authorization, it uniformly supervises and manages the China securities and futures market, maintains the order of the securities and futures market, and ensures its legal operation. Therefore, the CSRC, as the futures regulatory agency in the State Council, exercises the futures regulatory responsibilities.