A Study On Securities Information Regulation And Real-time Stock Holders Number

Many scholars have made long-term and extensive research on information regulation in security market and obtained some achievements.This paper extracts experience from the research of the scholars and according to the securities information regulation makes a general conclusion: there should be a exchange rule that is justice, open, and right to maintain the valid securities market and throwing daylight on information is the guarantee to implement the rule. On the basis of above, during the study and research the author analyzes the actualities of index on stockholders number and makes the basic conclusion: real-time stockholders number is of great benefit to securities information regulation.In Chapter One the paper presents the general theory of securities regulation, summarizes the researches on this field and discusses the relative problems of securities information regulation and its mode. In addition it introduces the actualities of securities regulation in China, as a base for further discussion in coming paragraph.In Chapter Two the paper makes a systemic demonstration study of the indexes on stockholders number. Through case study, statistic and grey relation analysis it measures the information content of index on stockholders number from the quantitative angles. The result is that the indexes on stockholders number have an effect on securities price, offering a theoretic foundation for hypothesis of real-time stockholders number.In Chapter Three the paper discusses the relationship between the theory foundation of securities information regulation and the indexes on real-time stockholders number, analyzes the feasibility of real-time stockholders number and gets a result that it is feasible and necessary to put real-time stockholders number in practice in existence condition. In the following the paper advances the index system based on real-time stockholders number and explains it.Finally, the paper gives some notices.