Is it illegal for the anchor to recommend others to invest in futures?
It is illegal for an anchor to recommend others to invest in futures. It is illegal for an anchor to recommend others to invest in futures. In accordance with the Regulations on the Administration of Futures Trading, the Notice on Doing a Good Job in Identifying Illegal Futures Trading in the Commodity Spot Market, and the Standards and Procedures for Identifying Illegal Futures Trading in the Commodity Spot Market, it is determined that the illegal organization of futures trading in the commodity spot market should adopt a combination of objective elements and formal elements. At the same time, Article 225 of China's Criminal Law stipulates: "Whoever violates state regulations and commits one of the following illegal business operations …… (3) illegally engages in futures business or illegally engages in fund payment and settlement business without the approval of the relevant competent department of the state". It can be seen that the anchor's recommendation of investment futures to others needs to be approved by the relevant departments first, otherwise the actor constitutes the crime of illegal business operation.