On The Perfection Of Security Investment Protection Fund Law System In Our Country

The construction of a nation’s securities market is a vital standard when peopleweigh the protection o f the securities investors. In order to protect the securitiesinvestors, the Security Investment Protection Fund was built according to the lawuntil the year of2005, although to so me extent to protect the interests of securitiesinvestors, enhanced the securities investor confidence, make the securities investme ntmarket beco me stability.As it continues to run, the proble ms are more and more. First,the legis lative chaos lead to the incons istent rules. Second, the specific system is notperfect, Fund-rais ing standard provis ion is too princ ip le, ma nage ment is dominated,that lead to ins uffic ie nt fund ing. For the co mpensatio n standard, the provis ions o f thescope of compensation, compensatio n object is not comp lete, cause as the core systemof the compensation s yste m operability is not strong, cannot fundame ntally protectthe securities investors. Regulators and supervis ion is not enough, resulting in the notgood effects. Third, the lack of re lated supporting syste m.In the operatio n process,thesecurities investor protectio n funds has another significa nt proble m, it is the lack ofreleva nt syste ms,the securities investor protection funds lack of good operationenvironme nt. The shortage of the securities investor protection fund syste m does nothave good effect on investors protection, it should be emproved fro m the fo llowingseveral aspects:First, in the aspect of legis lation, improve the le gis lative leve l,establis h a unified, the securities investor protection act. Second, in terms of concretesystem set up, ide ntify a specific standard of raise funds ava ilable for operating, andchanging the structure o f the fund mana ge ment orga nizatio n mode; determine thecompe nsatio n standards, scope and object, the limitation of compensation; change ofregulatory fragme ntation, strengthe n supervis ion. Third, to absorb the United States,Brita in, Canada, the European Union and other countries and regio ns experience onthe basis of investor protectio n syste m, to strengthe n the investor education s ystem,establis h information syste m and perfect the risk assessme nt syste m.