Regulations Governing Futures Trust Funds Article 71

If a fund custodian learns that a futures trust enterprise has violated a futures trust deed or applicable laws or regulations, it shall immediately request, pursuant to the futures trust deed, that the futures trust enterprise perform its obligations under the deed or under the applicable laws or regulations; if there is a likelihood of injury to the rights or interests of beneficial owners, it shall immediately report to the competent authority and copy the report to the Futures Association.When intent or negligence by a futures trust enterprise results in a negative impact on the assets of a futures trust fund, the fund custodian shall seek recovery of the assets in accordance with the futures trust deed in the interests of the fund's beneficial owners.When the fund custodian performs its custodial duties and, pursuant to the provisions of paragraph 1, requests the futures trust enterprise to perform its obligations, and the futures trust enterprise fails to perform those obligations with resulting injury to the interests of beneficial owners, and if the fund custodian thereupon issues written notification directing the futures trust enterprise to rectify the matter within a prescribed time period and the futures trust enterprise subsequently fails to comply, the custodian institution, after applying and receiving permission from the competent authority, may convene a beneficial owners meeting to transfer management of the fund to another futures trust enterprise.