Is Beijing Stock Exchange legal?
Northern communication is legal. According to the website of CSRC, there are three main forms of illegal futures activities: 1. Illegal organization of futures trading. Illegal futures trading places usually use public investment products such as spot silver and bulk agricultural products as bait to conduct business for the public. 2. Illegal operation of futures business. Without the approval of the China Securities Regulatory Commission, illegally set up futures companies and other futures operating institutions to operate futures business. 3. The futures exchange illegally occupies other people's assets. In the name of financial management on behalf of customers, allocation of futures funds, etc., criminals cheat investors into operating accounts or funds on their behalf with high returns and false financing bait, and then use the long-term inactive contracts in the futures market to transfer transactions and steal customers' funds. At the same time, the website emphasizes that illegal futures trading is also not protected by law, and the lost principal is extremely difficult to recover.