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Is it illegal to open a studio to help people speculate in futures?
Legal analysis: it is illegal to set up a studio to help others speculate in futures, which has constituted a crime. It is best to cooperate with the work of the public security organs and then return the money to others. Individuals are not qualified to manage money on behalf of customers. In the event of loss, there will be interest disputes between the two parties, and the legal level will protect the interests of investors. Legal financial management on behalf of clients belongs to the asset management business of securities companies. With the approval of the regulatory authorities, securities companies can handle directional asset management business, collective asset management business and special asset management business for customers.

Legal basis: Article 54 of the Securities Law of People's Republic of China (PRC) prohibits employees of financial institutions such as securities trading places, securities companies, securities registration and settlement institutions and securities service institutions, and staff of relevant regulatory departments or trade associations from engaging in securities trading activities related to this information in violation of regulations, or engaging in related trading activities explicitly or implicitly. Those who use undisclosed information to conduct transactions and cause losses to investors shall be liable for compensation according to law. Article 191 If an insider of insider information of securities trading or a person who illegally obtains insider information engages in insider trading in violation of the provisions of Article 53 of this Law, he shall be ordered to dispose of the illegally held securities according to law, confiscate the illegal income and impose a fine of not less than one time but not more than ten times the illegal income; If there is no illegal income or the illegal income is less than 500,000 yuan, a fine of not less than 500,000 yuan but not more than 5 million yuan shall be imposed. Where a unit engages in insider trading, it shall also give a warning to the directly responsible person in charge and other directly responsible personnel, and impose a fine of not less than 200,000 yuan but not more than 2 million yuan. Any staff member of the the State Council Securities Regulatory Authority who engages in insider trading shall be given a heavier punishment. Whoever, in violation of the provisions of Article 54 of this Law, uses undisclosed information to conduct transactions shall be punished in accordance with the provisions of the preceding paragraph.