Research On The Qualifications Of Private Securities Investors

The dissertation is aimed at structuring the Chinese legal systemfor qualifications of private securities investors, protectinginvestors and directing financing in China.The dissertation is composed of three parts: the Preface, thedissertation itself, which consists of five chapters in about36, 000words, and the Epilogue. The Preface introduces to us the topicselection and meaning, the writing and research methods of thisdissertation.Chapter one is about brief introduction of private securitiesoffering ,including definitely defining the concept of privateoffering, analyzing advantages and disadvantages of privatesecurities offering, brief introduction of legal systems of privatesecurities offering, introducing the status quo of the privateplacement in China and the meaning of private securities offeringlegal system in China. Section One defines the concept of privatesecurities offerings. The writer defines the concept of privatesecurities offerings and clarifies the distinction between privateofferings and public offerings by analyzing and appraising relevantstipulations of securities laws of both China and other countries in the world. The Sections of Two and three introduce and analyzeadvantages and disadvantages of private securities offering andintroduce legal systems of private securities offering , and analyzeevery legal system . The Sections of Four and Five mainly introducethe status quo of the private placement in China and meaning of legalsystems of private securities offering in China, and show theplentiful activities of private placement and they have unparalleladvantages over public offerings under the present condition in China.Chapter two briefly introduce qualifications of privatesecurities investors, define investors and expatiate the meaning ofstructuring the Chinese legal system for qualifications of privatesecurities investors, moreover discuss the meaning of protectingsmall and medium investors and fostering institutional investors andso on.Chapters Three to Five, the core of the dissertation, try tostructure the law system for qualifications of private securitiesinvestors in China, which are mostly based on the analysis of theprivate offerings systems in the United States and the status quo oflegislation in our country. Chapter Three try to structure the lawsystems for qualifications of private securities offerings investorsin China by referring to relative American systems. The writer mainlyanalyses the detailed contents of three laws and regulations ofArticle 4(2) in Securities Law (1933),the important case of RalstonPurina,Regulation D(1982) and analyzes and apprises the law systemfor qualifications of private securities investors in the UnitedStates . Chapter four introduce and analyze the present regulationsof qualifications of private securities offerings investors in Chinaand show that they are nonstandard. In the chapter five, The writermainly analyses how to structure the law system for qualifications of private securities offerings investors in China. The writer try tostructure the law system from principle and system for investorsinterest protection and the Chinese financial safety.