Article 20 of the Regulations on Risk Disposal of Securities Companies stipulates that if a securities company fails to meet the normal operating conditions within the prescribed time limit after suspension of business for rectification, custody, takeover or administrative reorganization, and there are circumstances specified in Item (2) or Item (3) of Article 19 of these Regulations, the the State Council securities regulatory authority shall revoke the securities company. According to this regulation, the securities regulatory body can take five risk disposal measures for securities companies: suspension of business for rectification, custody, takeover, administrative reorganization and cancellation.