广期所：持续加强市场监测监控

Core Points - The "Futures and Derivatives Law" has been in effect for three years since its implementation on August 1, 2022, and has led to significant regulatory developments in China's futures market [1][2] - The law addresses fundamental issues in the industry, providing a solid institutional foundation and legal guarantees for the high-quality development of the futures market [2] Regulatory Developments - The China Securities Regulatory Commission (CSRC) has actively promoted the formulation of various regulations, including the "Futures Exchange Management Measures" and "Interim Provisions on Position Management in the Futures Market," to guide the orderly implementation of business rules [1] - The Guangzhou Futures Exchange (GFEX) has taken on the role of a self-regulatory organization, ensuring market supervision and compliance with the law through real-time monitoring and handling of abnormal trading activities [1] Legal Framework - The law explicitly prohibits market manipulation, insider trading, and the dissemination of false or misleading information, establishing clear legal responsibilities for violations, including fines and criminal liability for serious offenses [2] - GFEX is committed to enhancing market monitoring and risk management, cooperating with administrative and judicial departments to combat illegal activities in the futures market [2]