Research On The Legal Mechanism Of The SSE STAR MARKET In China

With the formal landing of the science and innovation board,China’s multi-level securities market has been further enriched,and the securities market has been gradually improved and transformed into a modern securities market.The perfection of the legal mechanism of science and innovation board is an inevitable requirement for the continuous optimization of China’s securities market.Through the analysis,it can be seen that the scientific innovation board has brought China’s securities market great progress,but also to see the gap with the mature securities market and shortcomings.The analysis of the legal mechanism of American securities market shows that the complete legal system and multi-level supervision mechanism are the cornerstone of its success.In terms of research methods,comparative research methods are mainly adopted.The object of comparison is the relatively mature American securities market.The purpose of comparison is to study and analyze the advantages of different securities market systems,summarize their successful experience,and try to find a legal mechanism that can meet the market demand and meet the regulatory results.This paper mainly from the legislative status and regulatory practice of the two aspects,the scientific innovation board legal mechanism research,analysis and summary of its existing shortcomings,and the foreign mature experience of the existing shortcomings of the scientific innovation board legal mechanism to improve and optimize.This paper is divided into seven parts,the first part and the second part to summarize the research and explain its origin and significance.The third part is mainly about the current situation of the legal mechanism of the scientific innovation board,which summarizes the legislative system and supervision practice,and forms the basic understanding of the legal mechanism of the scientific innovation board.The fourth part is the comparison and reference of the legal mechanism of American securities market,and summarizes the experience that can be used for reference from the characteristics of American regulation and the diversity and effectiveness of investor protection measures.The fifth part is mainly about the insufficiency of the legal mechanism of China’s science and innovation board.The sixth part is the optimization suggestion of the legal mechanism of science and innovation board.Based on the shortcomings of the fifth part and the experience of the fourth part,some Suggestions are put forward to improve the legal mechanism of the scientific innovation board.The seventh part is the conclusion of the thesis.Mature securities market complete relevant legal system,and the punishment for illegal and criminal behavior dynamics is opposite bigger,can well deter illegal and criminal behavior,protection measures and means enough to investors at the same time,both whistled system,will punish gold return investors,or leading compensation system,all is the request to punish illegal and criminal behavior to the greatest extent,and to maximize to protect the legitimate rights and interests of investors,this is also a capital market shall have the meaning of health and sustainable development.Capital market legal mechanism is an increasingly complex and challenging project.It is not difficult to find that the legal mechanism of the capital market needs to respect the objective laws of the market and constantly learn,absorb,summarize and improve in practice.