Study On The Efficiency Of Inspections Of Illegal Acts In Securities Market

After the development of 20 years, the securities market has been in the possession of the necessary weight in China's national economy. But in the rapid development of the securities market, the illegal acts have seriously affected the health and sustainable development of the securities market. In the face of securities market violations of the securities regulatory is lagging behind and are not as a replacement.The efficiency of inspections of China's securities market is lagging behind, there are more reasons. Securities market objective information asymmetry inefficient regulatory environment is necessary to study the securities market starting point. Violations of the securities market are from the securities market environment of asymmetric information. Inspection violation of the securities market and the securities market as the main information asymmetries exist, and the use of the securities market is the main market an identity.But, in the face of securities market information asymmetry, our inspection system and the securities regulatory philosophy has been a certain degree of error, and eventually caused the securities market is lagging behind an inspection status. In the face of securities market information asymmetry, it is difficult to rely on existing securities regulatory inspectors access to an effective information system to detect and punish securities violations. But the wrong position and the resulting securities market regulatory reform concepts mistakes that ultimately led to the current state of the securities market is lagging behind an inspection.