Article 88 of the Measures for the Supervision and Administration of Futures Companies stipulates that the China Securities Regulatory Commission and its dispatched offices may take supervisory measures if a futures company or its branches are under any of the following circumstances: (1) The company's governance is not perfect, there are major defects in the department or post setting, and the personnel in key business positions are absent or fail to perform their duties, which may affect the continuous operation of the futures company; (2) The business rules are imperfect or not effectively implemented, and there are major defects in risk management or internal control, which may affect the continuous operation of the futures company or may damage the legitimate rights and interests of customers; (3) Failing to comply with the provisions on the protection of clients' assets or the monitoring of futures margin deposit, which may affect the safety of clients' assets. (4) Failing to implement the unified management system of branches as required, and there are great risks or hidden dangers in operation and management; (5) Failing to implement the investor suitability management system as required, and there are significant risks or hidden risks. (six) did not entrust or accept the entrustment to engage in intermediary business; (seven) there are major defects in the trading, settlement or financial information system, which may lead to distortion of relevant data or damage the legitimate rights and interests of customers; (8) The information system does not meet the requirements; (9) Shareholders, actual controllers or other related parties suspend business, have significant risks or are suspected of serious violations of laws and regulations, which may affect the governance or sustainable operation of the futures company. (10) There are major disputes, arbitrations and lawsuits, which may affect the continuous operation; (1 1) Fails to submit or disclose information as required, or the information submitted or disclosed contains false records, misleading statements or major omissions; (12) Other circumstances that do not conform to the rules of going concern or other business risks occur. After rectification, it still does not meet the operating conditions, and the agency of China Securities Regulatory Commission has the right to close it according to law.