A Comparison And Analysis On Securities Issuing System Between China And America

Firstly, this article introduces a brief overview of the meaning of the securities issuance, and the analysis of the legal characteristics of the issuance of securities, for the following of the paper. Second, from a macro perspective, compares Securities Issuance System between China and America, and illuminates the advantages and disadvantages of the United States' the registration system and China's approval system. And more, the author begins with a micro view, makes a specific comparison to China and the U.S. Securities Issuance System. Finally, according to U.S. Securities Issuance System in the comparative analysis, the author tells the securities Issuance System in China status in quo and makes a perfect proposal.