China Futures Association was established on February 29th, 2000 (12). It is a national self-regulatory organization of futures industry established according to the Regulations on the Registration and Management of Social Organizations, and it is a non-profit social organization legal person. The Association accepts the business guidance and management of China Securities Regulatory Commission and the National Social Organization Registration Administration.

Business scope of temporary association: 1. Educate and organize members and futures practitioners to abide by futures laws, regulations and policies, formulate industry self-discipline rules, establish and improve the integrity evaluation system of futures industry, and conduct integrity supervision.

Second, it is responsible for the identification, management and revocation of futures practitioners' qualifications, and for organizing futures practitioners' qualification examinations, futures company senior management qualification examinations and other professional qualification examinations authorized by China Securities Regulatory Commission's administrative regulations and normative documents.

3. Supervise and inspect the practice behavior of members and futures practitioners, accept reports and complaints against members and futures practitioners, investigate and deal with them, and give disciplinary sanctions to members and futures practitioners who violate the articles of association and self-discipline rules; Reflect and report the practice status of members and futures practitioners to the China Securities Regulatory Commission, and provide opinions and suggestions for futures supervision.