Whoever, in violation of the provisions of the second paragraph of Article 16 of this Law, makes false statements or misleading information in futures trading and derivatives trading activities shall be ordered to make corrections and be fined not less than 200,000 yuan but not more than 2 million yuan; Those who belong to state staff should also be punished according to law.
If the media and their staff who are engaged in information reporting on the futures market and derivatives market violate the provisions of the third paragraph of Article 16 of this Law and engage in futures trading and derivatives trading that conflict with their duties, their illegal income shall be confiscated and a fine of less than one time of their illegal income shall be imposed. If there is no illegal income or the illegal income is less than 100,000 yuan, a fine of less than 100,000 yuan shall be imposed.
Whoever fabricates and disseminates false information about futures trading and derivatives trading, or misleads information in futures trading and derivatives trading, thus causing losses to traders, shall be liable for compensation according to law.
Article 128 Whoever, in violation of the provisions of the second paragraph of Article 18 of this Law, lends his own futures account or borrows another person's futures account to engage in futures trading shall be ordered to make corrections, given a warning and may be fined not more than 500,000 yuan.
Article 129 Whoever, in violation of the provisions of Article 21 of this Law, uses programmed trading to affect the system security or normal trading order of futures trading places shall be ordered to make corrections and be fined not less than 500,000 yuan but not more than 5 million yuan. Give a warning to the directly responsible person in charge and other directly responsible personnel, and impose a fine of 10 million yuan or more10 million yuan or less.
Article 130 Whoever, in violation of the provisions of Article 27 of this Law, fails to report relevant major matters shall be ordered to make corrections, given a warning and may be fined not more than one million yuan.
Article 131 Anyone who, in violation of the provisions of Article 53 of this Law, is prohibited from participating in futures trading by laws, administrative regulations and the provisions of the the State Council Futures Regulatory Authority, or directly participates in futures trading under an assumed name or in another person's name, shall be ordered to make corrections, given a warning, his illegal income shall be confiscated, and he shall also be fined not less than 50,000 yuan but not more than 500,000 yuan. Those who belong to state staff should also be punished according to law.
Article 132 Anyone who illegally establishes a futures company or engages in related futures business without approval shall be banned, his illegal income shall be confiscated, and a fine of not less than one time but not more than ten times his illegal income shall be imposed. If there is no illegal income or the illegal income is less than one million yuan, a fine of not less than one million yuan but not more than ten million yuan shall be imposed. Give a warning to the directly responsible person in charge and other directly responsible personnel, and impose a fine of not less than 200,000 yuan but not more than 2 million yuan.
Article 133 Whoever submits false application documents or uses other fraudulent means to defraud the establishment license of a futures company, the approval of major changes or the futures business license of a futures operating institution shall revoke the relevant license, confiscate the illegal income and impose a fine of not less than one time but not more than ten times the illegal income; If there is no illegal income or the illegal income is less than 200,000 yuan, a fine of not less than 200,000 yuan but not more than 2 million yuan shall be imposed. Give a warning to the directly responsible person in charge and other directly responsible personnel, and impose a fine of not less than 200,000 yuan but not more than 2 million yuan.
Article 134 Where a futures trading institution violates the provisions of Articles 40, 62, 65, 68, 71 and 72 of this Law, it shall be ordered to make corrections, given a warning, its illegal income shall be confiscated, and a fine of not less than one time but not more than ten times its illegal income shall be imposed; If there is no illegal income or the illegal income is less than 200,000 yuan, a fine of more than 200,000 yuan and less than 2 million yuan shall be imposed; If the circumstances are serious, it shall be ordered to suspend business for rectification or revoke its futures business license. Give a warning to the directly responsible person in charge and other directly responsible personnel and impose a fine of not less than 50,000 yuan but not more than 500,000 yuan.
If a futures trading institution commits one of the illegal acts listed in the preceding paragraph and causes losses to traders, it shall be liable for compensation according to law.
Where a major shareholder, actual controller or other related party of a futures operating institution violates the provisions of Article 71 of this Law, it shall be punished in accordance with the provisions of the first paragraph of this Article.
Article 135 Where a futures trading institution violates the provisions of Article 50 of this Law on the proper management of traders, or engages in brokerage business in violation of the provisions of Article 66 of this Law and accepts the full authorization of traders, or commits any act that harms the interests of traders in Article 78, it shall be ordered to make corrections, given a warning, its illegal income shall be confiscated, and a fine of not less than one time but not more than ten times its illegal income shall be imposed; If there is no illegal income or the illegal income is less than 500,000 yuan, a fine of not less than 500,000 yuan but not more than 5 million yuan shall be imposed; If the circumstances are serious, the relevant business license shall be revoked. Give a warning to the directly responsible person in charge and other directly responsible personnel, and impose a fine of not less than 200,000 yuan but not more than 2 million yuan.
If a futures trading institution commits one of the acts listed in Article 78 of this Law and causes losses to traders, it shall be liable for compensation according to law.
Article 136 Whoever, in violation of the provisions of Articles 11, 80 and 92 of this Law, illegally establishes a futures trading place, a futures settlement institution or organizes futures trading in other forms shall have his illegal income confiscated and be fined between one and ten times his illegal income. If there is no illegal income or the illegal income is less than one million yuan, a fine of not less than one million yuan but not more than ten million yuan shall be imposed. Give a warning to the directly responsible person in charge and other directly responsible personnel, and impose a fine of not less than 200,000 yuan but not more than 2 million yuan. Illegal establishment of futures trading places shall be banned by the people's governments at or above the county level.
Whoever, in violation of the provisions of Article 30 of this Law, organizes derivative products trading without approval, or financial institutions, in violation of the provisions of Article 31 of this Law, engage in derivative products trading without approval or approval, shall be punished in accordance with the provisions of the preceding paragraph.
Article 137 Where a futures trading place or futures settlement institution violates the provisions of Article 17, Article 40 and Paragraph 2 of Article 85 of this Law, it shall be ordered to make corrections, given a warning, its illegal income shall be confiscated, and a fine of not less than one time but not more than ten times its illegal income shall be imposed; If there is no illegal income or the illegal income is less than 200,000 yuan, a fine of more than 200,000 yuan and less than 2 million yuan shall be imposed; If the circumstances are serious, it shall be ordered to suspend business for rectification. The directly responsible person in charge and other directly responsible personnel shall be fined between 50,000 yuan and 500,000 yuan.