On The Administrative Regulation Of Securities Market In China

Securities market, as a component of modern market, constitutes the body of capital financing; As a component constructing socialist market after the reform and the opening, securities market makes great contribution to China's economic construction for several decades. With the reform of political structures and construction of legal community, great advances have been made in the supervisory structure of China's securities market. In this essay, the fold-chair problems have been analyzed from the legal system of administrative regulation in the securities market in detail.Chapter One: The characteristics and the necessity of administrative regulation in China's securities market.First, the regulation on securities market represents the infiltration of public rights into private rights in the economic sphere. This owes not only to the existence of potential crisis resulting from the economic development, but also to the independent individuals, who, facing the great economic system, could not bear its pressure and threats. Thus, the infiltration of public rights is with the purpose of protecting the realization of private rights.Besides, the effects of the law have been seen in the administrative regulation over securities market. The purpose of supervision is not to protect certain single-product economy, but to achieve the integral economic benefits and assure the social effects of capital circulation through securities market. The realization of supervision is none other than the representation of this kind of social effects.Finally, as a neutral institution, the supervisory institution plays a positive role in balancing and judging the rights and conflicts from different quarters. Since it never involves in any dispute relating to benefits, it could limits the intentional expands of certain rights in securities market.