Forex band single teacher charge membership fee illegal

1, unauthorized foreign exchange transactions, the rights and interests of both parties to the transaction are not protected by law, the organization and participation in such transactions, belonging to the illegal operation of foreign exchange business and private trading in foreign exchange behavior. In accordance with Article 45 of the Foreign Exchange Management Regulations.

2, private trading in foreign exchange, disguised trading in foreign exchange, buying and selling foreign exchange or illegal introduction of foreign exchange trading in larger amounts, the foreign exchange authority shall give a warning, confiscate the illegal income and impose a fine of less than 30% of the illegal amount. If the circumstances are serious, a fine of not less than 30% of the illegal amount shall be imposed. Constitutes a crime, shall be investigated for criminal responsibility.