Analysis On The Government Regulation Legal Model In Chinese Securities Market

Although Chinese security market has got huge attracting worldwide attention over less than thirty years, the frequent violations of regulations in Chinese security market have revealed insufficiency of government regulation. This article attempts to formulate the basic theories of securities market, analyses present sate of Chinese government regulatory mode, comprehensive commentary and contrast of the regulatory mode of U.S.A.,Britain, at last this article try to find way to improving the government regulation mode of Chinese security market. In the past, government regulation researches are mainly about the field of departmental law, such as issuing and dealing in securities. This article tries to regard the government regulation as a institution by the integrated use of historic, comparative, macroscopic level research methods.First, this article clearly define securities market, government regulation of securities market, then, government regulation is studied with the theory of market conking and incomplete law. Analyze comprehensively the Present sate of Chinese government regulatory mode, its drawbacks and causes of our government regulatory mode. Second, this article tries through the comprehensive commentary and contrast of the supervision pattern of U. S. A. and Britain, in this part, from the aspect of historic, analyses the author presents the evolution process of the securities market regulation institution, that is from non-interference to interference. And then the author briefly analyzes the present sate and reform trends of the regulation of Western securities market, draw a few qualitative guide to Chinese government regulation of securities market. Third, basing on the analyses in the previous chapters, this article talks about the shortcoming of Chinese securities market and suggests a direction for its reform, include:the shortcoming in regulation principles, the shortcoming in regulation measures and the shortcoming in localization of regulation departments. At last, this article find ways to perfect Chinese regulatory system of securities market.