Non-futures company settlement members refer to instant settlement banks, also known as "special settlement members", which provide settlement services for futures companies without (direct) settlement qualifications (settlement qualifications of China Financial Futures Exchange) and bear settlement risks.

If a clearing member of a futures exchange or a non-futures company commits one of the following acts, it shall be ordered to make corrections, given a warning and confiscated of its illegal income:

(1) illegally accepted members.

(2) collecting handling fees in violation of regulations.

(three) the use and distribution of income in violation of regulations.

(4) Failing to publish real-time market or price forecast information in accordance with regulations.

(5) Failing to fulfill the reporting obligation to the the State Council futures regulatory agency in accordance with regulations.

(6) Failing to submit relevant documents and materials to the the State Council futures regulatory agency in accordance with the provisions.

(seven) failing to establish and improve the settlement guarantee system in accordance with the provisions.

(eight) failing to withdraw, manage and use the risk reserve in accordance with the provisions.

(nine) in violation of the relevant provisions of the the State Council futures regulatory agency on margin monitoring.

(10) Limit the total physical delivery of members.

(1 1) Appoint unqualified futures practitioners.

(12) other acts in violation of the provisions of the State Council futures regulatory agency.

In case of any of the acts listed in the preceding paragraph, the directly responsible person in charge and other directly responsible personnel shall be given disciplinary sanctions and fined between 654.38 million yuan and 654.38 million yuan.