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Is it correct for China Futures Association and Futures Exchange to supervise and manage the directors, supervisors and senior managers of futures companies according to law?
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According to Article 5 of the Measures for the Administration of the Qualifications of Directors, Supervisors and Senior Managers of Futures Companies, the China Securities Regulatory Commission shall supervise and manage the directors, supervisors and senior managers of futures companies according to law. The dispatched offices of China Securities Regulatory Commission shall supervise and manage the directors, supervisors and senior managers of futures companies in accordance with these Measures and the authorization of China Securities Regulatory Commission. China Futures Association and Futures Exchange shall conduct self-discipline management of directors, supervisors and senior managers of futures companies according to law.