Legal Analysis: huitong financial is of course legal. After all, it has won the most influential Gold Portal Award for Foreign Exchange jointly awarded by China Securities Association and seven ministries, so there is no need to worry about its formal legitimacy.

Legal basis: Notice of the Ministry of Finance on Printing and Distributing the Administrative Measures for the Formulation of Normative Documents of the Ministry of Finance

Fourteenth normative documents to be drafted involve the contents of other existing effective normative documents, and the drafting unit shall ensure the coordination between normative documents.

Article 15 The drafting unit shall conduct in-depth investigation and study, and solicit opinions from relevant units within the Ministry, the Financial Supervision Office of the Ministry of Finance, local financial departments, relevant units outside the Ministry, financial management peers and relevant experts according to actual needs. When necessary, the law department can participate in listening to opinions.

Drafting important normative documents that have a direct impact on the rights and obligations of citizens, legal persons or other organizations, as well as normative documents involving major fiscal policies, the drafting unit shall publicly solicit opinions.

Soliciting opinions can be carried out in various forms, such as written soliciting opinions, online soliciting opinions or holding symposiums, argumentation meetings and hearings.

Online solicitation of opinions can be carried out through the financial regulations solicitation information management system.