Study Of Private Placement Fund's Legal Regulation In Our Country

The research object of this thesis is private placement fund. The topic of this thesis is to legalize and restrict the private placement fund . By consulting and following the outstanding experience of world negotiable securities market advanced country. The author put forward how to perfect the fund law and how to promote our country securities market. << investment funds law > of our country has been issued, but it cannot give involving as for the private placement fund. The author puts forward the viewpoint of herself about this law blank space.This text divides five parts altogether , and leads to the piece style as follows : The first chapter , make clear the basic theory .In this chapter, the author makes clear the basic definition of private placement fund. It is the investment fund established by way of non-open method towards minority investment persons . the author studies the origin place and development of it and sum up the three stages of the private placement fund's development at our country. The second chapter, sum up our country's present situation .The author concludes three factors in order to sum up the situation of our country at present about the private placement fund. One factor is that because there are not legal position for private placement fund in our country. The other factor is in the search of the objective circumstances of private placement fund. The author studies it by scope, investment main body , investment direction , interest distributions , the publishing information and the crime problems. The last factor is the evaluation of the management method of our country's private placement fund market.The third chapter ,study the legalization problem .It is very necessary to explore the private placement fund to give our fund market a guidence. This chapter sums up four factors to make it clear: Legalizing the private placement fund is to protect our country investment person's interest; Legalizing the private placement fund is to standard our country fund trade; Legalizing the private placement fund is to activate our country negotiable securities market; Legalizing the private placement fund is to face the competition after entered WTO .It is a trend to legalize the private placement fund.The 4th chapter, analyses abroad experience. The investment funds system of abroad has been developed centuries ago .It is more ripen compared with our country's fund market. We should use for reference the advanced experience of abroad , absorbs the lesson , and achieve the best effect ability when we make laws of private placement fund. This can make the course of making laws take a efficiency way in the shortest time. The author expound the law system of the United States and Britain and Japan ,compare at the aspect of the fund investment , and among them United States is the most advanced nation of investment funds , so the focal point has been analyses the American personal standard and characteristic raising the fund.The 5th chapter, establish characteristic system .How to choose the right way to restrict our country's private placement fund is essential. This is also the focus of this thesis. Finding the genuine system which fit for our country's national condition is imperative among wide and rigorous method. The author put forward many suggestions about private placement fund's law restriction.