Disliked1. Hmm.. I'm not sure what law you mean.
2. There is, for example, no law I know of in Malaysia that restricts people from teaching other people how to trade, which is a skill that can be applied in most markets.
3. The emphasis is actually more on the activities of retail traders (who are Malaysians) who trade FX onshore for other people i.e. these traders are taking deposits without a license, which is the only legal aspect that really matters in this discussion.Ignored
http://www.bnm.gov.my/index.php?ch=8&pg=14&ac=1976
I think that covers all 3 of your points above.