Article 60 If a futures brokerage company violates the provisions of these Measures and commits any of the following acts, it shall be punished in accordance with the provisions of Article 59 of the Provisional Regulations on the Administration of Futures Trading:

(1) Accepting the entrustment of investors who have not gone through the account opening procedures to conduct futures trading;

(2) Inducing investors to conduct futures trading through false propaganda;

(3) Failing to fulfill the obligation of reporting or filing in accordance with regulations;

(four) in violation of the provisions of the China Securities Regulatory Commission on financial management, the deadline for correction, still not up to standard;

(5) The application materials contain false records or major omissions;

(6) Establishing the business department of a futures brokerage company in the form of joint venture, cooperation or joint venture;

(7) contracting or leasing the business department of a futures brokerage company to others.