Recently, the China Financial Futures Exchange has taken disciplinary measures against a private equity fund management company and its actual controller for "failing to declare actual control relationship accounts in accordance with regulations, using high-frequency trading methods, and trading beyond the trading limit on stock index futures.". On February 28th, a spokesperson for the China Securities Regulatory Commission (CSRC) stated that the CSRC has always adhered to a strict regulatory tone, guided the stock exchanges and the China Securities Regulatory Commission (CFSE) to strengthen the linkage of futures and spot supervision, penetrated supervision of various trading behaviors, including high-frequency trading, and strictly cracked down on market illegal and irregular activities in accordance with the law and regulations. The spokesperson said that the China International Capital Corporation (CICC) has taken regulatory measures in accordance with regulations to regulate the behavior of relevant clients who violate the actual control relationship of the futures market and account management, which is a measure to fulfill the regulatory responsibilities of the exchange. Next, the China Securities Regulatory Commission will continue to deeply implement the spirit of the Central Financial Work Conference, comprehensively strengthen supervision, and effectively ensure the stable and healthy operation of the market. (Lai Xin She)