| In the 80's of last century, there was a economic system reform in China, changing the planned economy system to the market economy system. In the economic system reform, the securities market rises the function of economic" barometer". A special characteristic of the securities market in the development process of more than 10 years is our country government's implementation of compulsive system change. The government undertakes both standardize and developing job and the job of developing was given special emphasis. Along with our country securities market's gradual maturity, the government regulates the norm of the market gradually. The scope of the government regulation contracts gradually, and the market mechanism itself develops the important function gradually. In our country government regulation of the securities issue market, from the strict examination and approval system to the execution sanction system, the government gives the power to market system gradually. The power includes the determination of amount of securities, the price of securities, the way of issue, the place of issue and the time arrangement. These all are to deserve something to affirm. But, the system of government regulation of securities issue market is still having the place of improvement. The author just from the aspect of the administrative law, do some analysis and discussion about the system of government regulation of the securities issue market in China.This paper is divided into five parts totally:Preface. From our country securities issue market's present condition, this part mainly sets out the main point. The reason of securities issue market... |
