On The Legal System Of Self Regulatory Securities Under The Protection Of Small And Medium Investors

The stock market investor protection as a lifelong historical mission and responsibility,since the creation of the securities market,investor protection as the center of the topic ever fount has become the main content of financial scholars,from the construction of the system to the benefit of the actual protection,the protection of the interests of investors has always been the focus of the era with the development of the securities market and the China’s securities market,in more than 20 years,not only has made outstanding achievements in the system construction level,but also by the investors alike in the protection of the corresponding practice.But this does not mean that China’s securities market in terms of investor protection has achieved the value goal achieved The results as a new force to promote the development of stock market,in addition,also including the defects and problems as hidden factors,and on the back of these defects and problems shows that China’s securities market regulation in the mode of system construction needs to have a lot of room for improvement,from the time span it has the historical characteristics of social problems,social law but also the new replaces the old progress.The securities regulatory value lies in the development in order to regulate the securities market,to reconcile the various internal market contradictions,the most important is to reconcile the small investors and listed companies,and other transactions The contradiction,the fundamental reason is that the organizational structure of China’s securities market is small investors as the main force,the structure mode of other transactions subject to common development.Therefore,the problems of security supervision are discussed,it is necessary to protect small investors in core position.The status and role of small and medium-sized investors in the securities market in the be above suspicion doubt,in the adjustment and perfection of the order of the securities market supervision,to the interests of small investors to achieve the ideal and reality combine to maximize the unceasing innovation process supervision mode in small and medium-sized investors’ interests.The relationship from the small and medium-sized investors and securities market development,the most The symbolic metaphor is “Chunwangchihan relationship”,namely they are both interdependent,the prosperity of the stock market is to get the ultimate goal of protecting the interests of small investors,to achieve the interests of small investors is the intrinsic basis of prosperity and development of the securities market,the relationship should be considered on the development mechanism of the securities market in any securities market cannot be separated from the background of existence,and the way the task is the construction to improve the regulatory mechanism of the securities market of the country,which is connected to the protection of the interests of the link between national securities market and investment,the degree of perfection of the supervision mechanism is directly related to the national securities market A link is able to play a specific role,from the national conditions and the reality of the situation,to build the most national characteristics and the characteristics of the securities market supervision mechanism.For a long time,the government led regulatory mode has always been as the main form of China’s securities regulatory model,with the further expansion of internationalfinancial market in the economic field,globalization and financial integration of the world situation,China’s securities market only continuous reform of organization structure and regulatory functions change to better adapt to the trend of the times,to provide more financial resources for the real economy.Starting from the current reality of our country,the reform of the securities market must first from the prison.To achieve a new transformation mode,based on the traditional model of government regulation,draw lessons from the good experience of other countries in the development of the securities market,efforts to explore to further optimize the market order,self regulatory model form an effective protection mechanism,legal system in order to develop the self-discipline organization for action basis,combined with the relevant national system,I set up China’s securities market new goals and direction.This is the protection of the interests of small investors need to find new ways and new ways,is the main body of the securities market of common interest demands,should get a positive response to social and market.In this paper,research results of the relevant securities regulatory model of domestic and foreign research results,self regulatory system,and the related literatures of investor protection are reviewed and summarized,the theory of investor protection,securities regulation theory as the theoretical basis of the study,and an overview of the system,starting from the realistic value the protection of small investors in China and the theoretical value for the establishment of the self regulation mode of securities regulation practice put forward theory basis and concrete action measures;strive to find the real data from the practice,analyzes the status quo of China’s securities regulatory model in depth,and the status of investor protection,induction Summarize the related factors,has always been to protect the interests of investors as the basic research perspective,put forward the idea of the construction of China’s securities self regulatory model,and finally puts forward relevant countermeasures to construct the self regulation mode of China’s Securities: the construction of the external environment to strengthen the securities supervision system;perfect the securities regulators to strengthen self-discipline;the self regulatory mechanism of information disclosure,to protect the interests of small investors;improve investor self-protection awareness,establish a scientific concept of investment;improve the judicial intervention and social supervision mechanism;promote the establishment of integrity into system of stock market,and promote the transformation of China’s securities market supervision,into the To realize the protection of the interests of small and medium investors and the further realization of the main position,we should strive for more international resources and market position for the development of China’s securities market.