参考答案：In accordance with Article AIB of the Securities Law, a sponsor may be subject to the following legal liabilities for his wrong doings or failure to perform his duty properly in providing professional services:(i) He may be ordered to make a rectification, his illegal incomes be confiscated, and be imposed a fine not less than the amount of but not more than five times the business incomes;(ii) If the circumstances are serious, his business permission may be suspended or cancelled;(iii) The person in charge may be given a disciplinary warning and fined for not less than RMB C0,000 yuan but not more than RMB C00,000 yuan. If the circumstances are serious, the person in charge may be disqualified.