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The difference between classified supervision of futures companies and classified supervision of securities companies
Different from the classified supervision and evaluation of securities firms, futures companies may not publish the classification results, nor may they use the classification results for commercial purposes such as advertising, publicity and marketing. The classification results are mainly used for China Securities Regulatory Commission and its dispatched offices, futures exchanges, futures margin monitoring centers, China Futures Association and other institutions to better supervise the market.

This move mainly lays the foundation for future innovative means such as stock index futures, overseas agents and futures funds (CTA). Because there are many "subjective factors" in the evaluation of classified supervision itself, from the perspective of classified supervision itself, the regulatory authorities are also "crossing the river by feeling the stones", and the real classified rating may take several years to know.

According to the procedure, the classified rating is that the futures company first submits the self-evaluation materials, then submits them to the local securities regulatory bureau, and then submits them to the futures classified regulatory audit Committee, and finally the CSRC gives the classified regulatory results. Finally, it should be decided according to the overall situation, so that not only the futures companies are uncertain, but even the regulatory authorities cannot predict the classification results, which is not as simple and clear as the classification of securities firms.

But whatever the outcome, it will be a good innovation attempt. Classified supervision can promote futures companies to further improve their management and risk control capabilities, thus consolidating the market foundation and welcoming more innovative businesses in the future.