Research On Securities Regulatory Concepts

Securities regulatory concepts are the values and objectives and functions of the legal system of a nation of securities regulation, securities regulatory concepts reflect the understanding of the securities regulators of the stock market and determine the regulatory policies and measures that the securities regulators will adopt. In this article, I have analyzed the boundaries of securities regulation, and the property and interests standard of securities regulatory legislation. Then, I have reconsidered the securities regulatory concepts of our country. Securities market is an important part of modern market economy, and securities market is playing an irreplaceable role in the economic activity of modern market. Securities regulation is important institutional guarantee of maintaining sustained and steady development of securities market. Securities regulation is mainly achieved through securities supervision legal system. Securities regulation as a means of government intervention of the free market, its origin and development is inseparable from the historical development of market economy. This article provides an analysis of the development of market economy from the free market to a combination of free market and government interventions, pointed out the economic theoretical basis of securities regulation, and through the analysis of securities market economics pointed out what the boundaries are of securities regulation. Purpose and function of the securities regulation is to overcome the defects of the stock market, but securities regulation should not impede the functions of the securities market into full play. On the basis of the economic analysis of securities regulation, with the method of jurisprudential analysis, this paper analyzes the legal property and the standard of interests of securities regulatory law. As the development of market economy from the free market to a combination of free market and government intervention, securities regulation is produced. Securities regulation use public law means intervene traditional private law areas, have two kinds of attributes of public law and private law currently. This is different from private law in order to protect private interests, securities regulatory law in order to safeguard public interests. Securities regulation focused on the maintenance of public interests. Securities regulation deal with the conflicts of free market and government intervention, private interests and public interests. Because of the legal property and interest orientation of securities regulatory law, securities regulation needs to deal with how to ensure the freedom of markets and protection of private rights. Securities market of China has a strong government intervention;this is determined by the current development stage of the securities market of china. However, historical experience and theoretical analysis tell us, good stock market is not produced under comprehensive or high-pressured supervision. This article reconsidered the concepts of securities regulation of China, pointed out that to improve securities regulation, China should foster the development of securities market, gradually reduce improper government intervention, and establish multivariate system of securities regulation and perfect securities regulation legislation.