Article 6 of the Provisions on the Administration of Chief Risk Officers of Futures Companies (for Trial Implementation) stipulates that futures companies shall nominate and appoint chief risk officers in accordance with the provisions of the articles of association. Where a futures company has independent directors, it shall also obtain the consent of all independent directors. When selecting the chief risk officer, the board of directors shall take whether he is familiar with futures laws and regulations, honest and law-abiding, competent and meets the specified post requirements as the main criteria.