The State Council futures supervision and management institutions are generally called a kind of management institutions, which have the highest futures supervision and management functions. The CSRC refers to the specific management organization, which has the functions of the State Council futures supervision and management organization.

China Securities Regulatory Commission (hereinafter referred to as China Securities Regulatory Commission) is an institution directly under the State Council and the competent department of the national securities and futures market. Perform the administrative functions authorized by the State Council, conduct centralized and unified supervision of the national securities and futures industry according to law, maintain the order of the securities market and ensure its legal operation.

China Securities Regulatory Commission is a statutory regulatory body authorized by the government to perform its statutory regulatory duties. The CSRC has a "futures supervision department".

Within the China Securities Regulatory Commission, there is a special futures supervision department, which is the functional department of the China Securities Regulatory Commission to supervise and manage the futures market. The futures supervision department consists of five departments: comprehensive department, exchange supervision department, futures company supervision department, overseas futures supervision department and market analysis department.

The main responsibilities of the futures supervision department:

1. Formulate rules and detailed rules for the supervision of the futures market;

2. Review the establishment of futures exchanges and futures settlement institutions according to law, and review their articles of association and business rules;

3. Review the listed futures, option products and contract rules; Supervise the trading, settlement, delivery and other business activities of relevant market participants;

4. Supervise the trading behavior in the futures market; To be responsible for the formulation, registration, notification, monitoring and supervision of the OTC derivatives market of commodities and finance; Responsible for the evaluation of the function of futures market and its opening to the outside world;

6. Take the lead in handling major issues and related risks in the futures market.

According to Article 5 of the Regulations on the Administration of Futures Trading, the futures regulatory authorities in the State Council shall exercise centralized and unified supervision and management over the futures market. The dispatched offices of the State Council futures regulatory agency shall perform their duties of supervision and management in accordance with the relevant provisions of these Regulations and the authorization of the State Council futures regulatory agency.