Paragraph 2 of Article 15 of the Regulations on the Administration of Futures Trading stipulates that "no unit or individual may set up or set up a futures company in disguised form to engage in futures business without the approval of the State Council Futures Regulatory Authority", and it is absolutely illegal for the actor to engage in futures business without approval.

According to the Measures for the Supervision and Administration of Futures Companies, the business scope of futures companies includes futures brokerage business, futures investment consulting business and asset management business. Article 252 of China's criminal law stipulates that "illegally engaging in securities, futures and insurance business without the approval of the relevant competent departments of the state", and illegally engaging in futures is one of the crimes of illegal operation.

Please adopt