Date: February 8, 2012
Source: Futures Daily

　　33 clients who were found noncompliant in Q4 2011 face self-regulatory punishment, according to an announcement released by Shanghai Futures Exchange (SHFE) yesterday.
　　33 clients from 20 member futures firms were involved in the 16 noncompliant cases handled by SHFE in the fourth quarter of 2011. All the cases were matched orders trading between clients, of which six were conducted between corporate clients and natural person clients to transfer capital, nine were conducted between natural person clients to transfer capital, and one was conducted between natural person clients to affect intraday price, according to SHFE.
　　In accordance with regulations, SHFE imposed self-regulatory punishment on the 33 clients, including 25 natural person clients and 8 corporate clients. SHFE criticized 18 of the clients by circulating a notice and suspended their position-taking trading for one to six months, and gave a warning to the rest 15 clients. SHFE also required these clients to enhance management of their accounts.
　　SHFE reminds its members and investors to raise awareness of compliance and risks, enhance management of their accounts, so as to prevent any noncompliant conducts from happening.