A Research On The Investor's Compensation System Based On Fraud Of Securities

With the development of economy, the function of security market is even more important on the people' s economic life in our country. The security market has already become important motive force of China' s economic development and fund provider. However, the security market of our country is still a new developing security market, the corresponding supervisory system has not been perfect yet, so, there is a large number of behavior which infringe investors' legitimate interests. In among them, fraud of the securities, because relatively covert and too difficult to be supervised, have extreme serious infringement on the interests of the masses of medium and small investors. So it is essential and having important realistic meaning to further research the fraud of securities, then establish a system that arrange in order to protect the interests of investors that infringed by fraud.This thesis will introduce relevant concepts and theories at first, then carry on comparative analysis to the investor' s compensation system based on fraud of securities of international ripe security markets, later, analyze in depth the current situation of this system on the security market of our country and describe the necessity of establishing the investor's compensation system, and then bring forward a set of relatively perfect system of civil compensation as the main, not-civil compensation system for complement. Though the above-mentioned investor' s compensation system is relatively perfect and exercisable in theory, however, it is only the theory that has not had been examined in practice yet. In order to enable this system perform in effect and guide the operators to appraising for the performance of the system offered then form a mechanism that is self-perfect constantly, this text propose one comprehensive fuzzy mathematics model for appraising the validity of this investor' s compensation system finally.The purpose of this thesis lies in mainly: In terms of industry management, the research on the investor' s compensation system based on fraud of securities in deep and all-round way, will offer a basis for policy made for departments, such as relevant government departments and folk employer' s organizations, etc. ; at the same time will promote the securities investors' consciousness of safeguarding their rights and interests, call upon them to awaken to avoiding to be infringed, and keep the security market in order. And it has importance in theory and realistic meaning for protecting investor' s interests, strengthening investors' confidence, promoting the security market of our country to develop in a fast, steady and healthy way.