Study On The Legal Regulation Of Market Maker

With the development of economy and society, majority of investors pay more attention to the capital market, market makers that an important role in the capital market is a natural concern, however, the presence of market makers in the actual operation of the reality of our current situation to see the use of asymmetric information for personal gain, black-box operation, market manipulation, insider trading and other issues, thus strengthening the legal regulation of market makers in terms of theory and practice have a certain necessity. However, from the reality of our current situation and compared with other developed countries, our legal regulation of market makers is not perfect, there is a market maker does not regulate access and exit, unequal rights and obligations, the regulatory mechanisms are not in place and other issues. For this reason, we can absorb the successful experience from abroad and combined with China’s actual conditions to be improved to strengthen the market maker of the relevant legal regulations by building the legal system, including access and exit system of makers, market makers right duty system, market makers regulatory system.