Core Viewpoint - The rise of illegal proxy rights protection in the financial market is exploiting investors, particularly younger ones, as they fall for misleading advertisements promising full refunds and quick resolutions [1][2]. Group 1: Traps of Illegal Proxy Rights Protection - Institutions posing as proxy rights protection agents lure investors with promises of full refunds while lacking legal qualifications, leading to malicious complaints and threats against legitimate companies [1]. - Investors risk personal information exposure and potential identity theft by sharing sensitive data with these agents [1]. - Proxy agreements often contain unfavorable terms, including high service fees, and agents may abscond with refunded funds [1]. - Many investors are encouraged to fabricate evidence, which could lead them to legal trouble [1]. Group 2: Factors Contributing to the Spread of Illegal Proxy Rights Protection - The prevalence of illegal proxy rights protection is fueled by investors' desperation to recover losses and their impatience with formal channels, making them susceptible to false promises of quick success [2]. - Some securities consulting firms avoid addressing unreasonable complaints to prevent negative evaluations, inadvertently enabling these illegal practices [2]. - When legitimate services fail to meet client needs, investors may turn to gray-area solutions, further distorting the dispute resolution landscape [2]. Group 3: Prevention Measures Against Illegal Proxy Rights Protection - Regulatory bodies have initiated joint efforts to combat illegal proxy rights protection, emphasizing the need for a clean market environment [3]. - Collaboration among financial, law enforcement, and judicial departments is essential to disrupt the flow of funds and information related to illegal activities [3]. - Investor education is crucial to raise awareness about common scams and enhance legal literacy, helping them avoid traps [3]. - Securities consulting firms should establish efficient complaint handling mechanisms to reduce the cost of legitimate rights protection and limit the space for illegal practices [3].