China Securities Regulatory Commission (hereinafter referred to as China Securities Regulatory Commission) is a ministerial-level institution directly under the State Council. According to laws and regulations and the authorization of the State Council, it uniformly supervises and manages the national securities and futures market, maintains the order of the securities and futures market, and ensures its legal operation.
China Futures Association is a national futures industry self-regulatory organization established according to the Regulations on the Administration of Registration of Social Organizations, and it is a non-profit social organization as a legal person. The Association accepts the business guidance and management of China Securities Regulatory Commission and the National Social Organization Registration Administration. The association is composed of group members, mainly futures brokerage institutions, and special members of futures exchanges.