Legal analysis: No, ACE split financing is illegal fund-raising and pyramid selling. ACE split financial management is illegal and belongs to illegal fund-raising behavior. There are several main reasons: first, the leaders of the ace team will not participate in the investment, they will drop off the offline personnel. At the same time, these people need to pull enough offline to recover the principal. Secondly, the more offline, the faster the principal will be recovered. After the principal is recovered, some extra income will be forced into the queue and become the latest batch of offline. The more you go offline, the more money the top players make. Finally, it is easy for the upper level to run away with money, and all levels in the middle will lose their money when they go offline, so don't trust such MLM organizations easily.

Legal basis: Interim Measures for the Administration of Securities and Futures Investment Consulting.

Article 3 To engage in securities and futures investment consulting business, the business license of China Securities Regulatory Commission must be obtained in accordance with the provisions of these Measures. Without the permission of the China Securities Regulatory Commission, no institution or individual may engage in various forms of securities and futures investment consulting business listed in Article 2 of these Measures. Securities institutions, futures brokerage institutions and their staff who engage in securities and futures investment consulting business beyond their business scope shall abide by the provisions of these Measures.

Article 4 Anyone who engages in securities and futures investment consulting business must abide by relevant laws and regulations. Laws and regulations and the relevant provisions of the China Securities Regulatory Commission shall follow the principles of objectivity, fairness, honesty and credibility.