CSRC completes draft law on futures industry: Spokesman

The China Securities Regulatory Commission has completed a draft futures law that it plans to submit to legislative authorities, a CSRC spokesman said on Friday.

Since the start of last year, the CSRC has been helping develop a futures law. In the process, it sought public comment on the issue and studied foreign and domestic futures markets.

"We will submit suggestions on a law to the top legislative body as soon as possible," said Deng Ge, a spokesman for the agency.