Research On The Legal Issues Of Regulation On Listing In America Of Domestic Enterprises

Securities business which is the kernel and base of capital businesses provided with the important function of raising capital rights com-pound and reform,the epitomize deploy of fund direction and resource,macroscopic control and so on. So the countries of the world all take up with accelerating home securities business's internationalization and tending towards the international securities business,to reaching the long period of time of capital raising,through the fund's mobility among the international to gain more fund's income. Many countries get the aim through aggrandizement the legal supervise and the venture's prevention to make them become the economic great powers. Our country need build up national power through the advanced financing fashion to stride rapidly towards seat power of tile world which is in dire need of development.Nowadays, more and more domestic enterprises go to list abroad for collecting capital. However, the international listing always meets some obstacles in China laws, and the enterprises often accomplish the international listing in illegal way. The reason for this is the laws and regulations with regard to the international listing of the domestic enterprises and the definition of the indirect international listing are obscurer still blank. Therefore, the studies on the mode, supervision, restructure for listing and legal techniques of the international listing appear very necessary and important.This dissertation focuses on the legal issues arising from regulation on listing in America of domestic enterprises. Research methods such as taxonomy, comparison and induction have been used to analyze the general laws and some specific regulations.The whole paper is about 30,000 words, divided in 4 chapters.Chapter one is a brief introduction of cross-border listing. It first introduces the concept, significance and trend of cross-border listing, and then analyzes the legal characters of all sorts of it. From analyzing its impact on the countries, it points out that countries should strengthen their regulation on cross-border listing.Chapter two analyzes some common legal characters of different countries'regulation system. Some characters show the general laws of regulation, especially those about openness of securities markets and protection of investors. The emphasis is about how countries settle their legal conflicts of regulation, and then the author gives comments on the achievements and backwards of the ways they settle their legal conflicts.Chapter three is the emphasis of this paper, dealing with the current situation of regulation in China, and what's more, about how to perfect the regulation system of China. It analyzes the legal issues of regulation and, consulting from the foregoing chapters, it puts forward some legal suggestions. Finally, according to the trend of internationalization of securities markets, and gives some suggestions.