Article 10 of the Measures for the Administration of Futures Practitioners stipulates that if an institution designates a person who has passed the qualification examination and meets the following conditions to engage in futures business, it shall apply for qualification: (1) Good conduct and good professional ethics; (2) It has been employed by this institution; (3) It has not been subjected to criminal punishment or administrative punishment by China Securities Regulatory Commission and other financial regulatory agencies in the last three years; (4) It has not been banned from the market by the China Securities Regulatory Commission and other financial regulatory agencies, or the ban period has expired; (5) It has not been disqualified from securities and futures business due to illegal acts in the last three years; (6) Other conditions stipulated by the China Securities Regulatory Commission. Institutions shall not employ persons without professional qualifications to engage in futures business, and shall not resort to deceit in the process of applying for professional qualifications.