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The China Futures Association (CFA) is a membership organization under the China Securities Regulatory Commission (CSRC), which regulates and supervises the futures industry in China. It is established as a nonprofit organization in which all Chinese futures companies are required to be members, and self-describes as a self-regulatory organization.
The CFA is one of three major membership organizations under the CSRC, together with the Securities Association of China (SAC) and Asset Management Association of China (ACAM).[1]:12
The CFA was established on 29 December 2000 in Beijing, in accordance with China's Regulations on the Registration and Management of Social Organizations. It is governed by the General Meeting of its members and by a standing authority, the council, composed of 17 professional committees: as of early 2025, these are respectively on (1) Brokerage Business, (2) Asset Management, (3) Derivatives Traders, (4) International Business, (5) Information Technology, (6) Self-regulatory Supervision, (7) Appeals, (8) Dispute Resolution, (9) Talent Cultivation, (10) Investor Education & Protection, (11) Research & Development, (12) Financial Technology, (13) Law, (14) Social Responsibility, (15) Cultural Development, (16) Talents Cultivation Fund Management Committee, and (17) Investor Education Fund Management Committee. The CFA's roles include education, training and organization of its membership; rulemaking, supervision and enforcement; mediation of disputes with customers; and representation of the membership's interests.[2]
The CFA is led by its chairman, several vice chairmen, and the secretary general. The organization has 11 functional departments: (1) General Office, (2) Discipline Inspection Office, (3) Membership I, (4) Membership II, (5) Self-regulatory Supervision, (6) Innovation Business, (7) Investor Education, (8) Examination and Certification, (9) Research, (10) Training, (11) Information Technology.[2]
2017年末時点で、CFAには285の正会員、5の特別会員、72の提携会員があり、合計362の会員がいました。正会員には、先物会社、証券会社、資産運用会社、リスク管理会社、プライベートエクイティファンドが含まれます。特別会員は、中国の4つの先物取引所（DCE、SHFE、ZCE、CFFEX）と中国先物市場監視センター（CFMMC）です。提携会員には、地方協会、銀行、ソフトウェア開発者、テクノロジーサービスプロバイダーなどが含まれます。[ 3 ]