In theory, there is indeed the possibility of using complex financial derivative product structures to mask the actual risks of a company, which is often referred to as "off-balance sheet financing" or "creative accounting." Although these practices may not technically directly violate the provisions of the law, they often: 1. Violate the principle of honesty and transparency in financial reporting 2. Walking in the gray area of law and morality 3. May violate information disclosure requirements and fiduciary responsibilities Historically, the collapse of companies such as Enron and Lehman Brothers has been related to the use of complex derivative structures to hide risks. Regulators have strengthened supervision over these behaviors: -Accounting standards are constantly updated to capture these arrangements - Require stricter disclosure of derivatives and off-balance sheet entities -Stricter review of transactions where substance is more important than form Even if an arrangement is not expressly prohibited for the time being, intentional concealment of material risks usually violates the spirit of securities law and may constitute fraud or breach of fiduciary duty, with serious legal consequences.