A Study On Security Enforcement Settlement Institution

Since the opening of Shanghai Stock Exchange and Shenzhen Stock Exchange, security market has seen great changes in China and play an extremely important role in the highly development of China’s economy. After more than 20 years’ growth, there are almost over 2000 listed companies who went public through Shanghai Stock Exchange and Shenzhen Stock Exchange. Investors are looking forward to becoming richer with the rise of security market. However, a lot of problems and defects have been exposed in the structures of the security market which is creating worse threat to deal with security cases such as false representation, fraud client, insider trading, illegal information disclosure, etc. Many investors who suffered a great loss are looking for some take down policies to protect their interests. In consideration of the negative effect that illegal security actions have caused, the focus should be on the effectively dealing with security market cases and balancing the interests. Although our security enforcement agency has made a big progress and great contribution to handle those complicated security cases and increased investigation efficiency, how to find an institution which can tackle the security cases in a high efficiency way and protect the investors and pubic interest concurrently is the most important. This paper is planning to focus on the security enforcement settlement with a deep analysis of the current enforcement situation and lay the theoretic basics for the structure of security enforcement settlement.PartⅠis mainly about the analysis of current enforcement situation and existing problems. Firstly is about the legislation analysis and defects. And then with a special case analysis of Wan Fu Biotechnology and the settlement agreement.PartⅡfocuses on the theoretic analysis of the security enforcement settlement analysis. Firstly there is a basic introduction(such as conception, features and functions) about security enforcement settlement. Secondly list some theoretic doubts about the enforcement settlement and then fight back with the Discretionary Power and Agreement Administration theories. Finally I choose to have a better understanding about the enforcement settlement from the perspective of necessity and practicability of the institution structure.Part Ⅲis mainly about some introduction about the overseas enforcement settlement which focus on the legislation and practical operation of enforcement settlement in America and PRC Hong Kong.Part presents some ideas about the structure of security enforcⅣ ement settlement. Firstly there are some basic principles about the enforcement settlement. And secondly present some substantive and procedural thoughts about the settlement institution.