The Research Of The Civil Litigation System For False Statement Of Securities

Firstly, this essay discusses the definition and basic form of the false statement of securities, and the perniciousness toward securities market and medium and small investors. This essay also discusses the legal nature of this behavior.Secondly, this essay discusses the substantive basis and procedural regulation of the civil litigation system for false statement of securities under the current law system of China, and then analyses the model, characteristic and problem of the trial toward the civil litigation cases of false statement of securities in Chinese court through some typical cases which have occurred in China.Thirdly, this essay concludes the dilemma of the trial toward civil litigation cases of false statement of securities through the analysis of the existing regulations and cases. The reasons why the dilemma exist include the problem of existing regulations,juridical practice and other influence factors. After the analysis, we can know the direction to improve the civil litigation system for false statement of securities.Fourthly, this essay also the way to improve the civil litigation system for false statement of securities considering the current problem and new amendment of the securities law. The main way is improve the representative litigation and establish the group litigation basing on the existing regulations and judicial resource and drawing lessons from foreign theories and judicial experiences.Finally, I conclude the main point of vies of this essay and the emphasize the urgency of improving the civil litigation system for false statement of securities.