Research On The Regulatory Legal Issues Of China's Securities Firms

The article is divided into four parts :The first part is the theoretical basis of stockbrokering regulation.In the part,an analysis about the law and economic basis of securities firms stockbrokering regulation is made, which shows that our securities firms stockbrokering regulation has a profound theoretical basis. First, on the basis of the analysis of stockbrokering market's "market failure",we think that the stockbrokering market needs administrative intervention.Second, through the analysis of order, equity, efficiency of the legal system of securities firms stockbrokering regulation and its attributes of social law, we think that there is a solid legal theoretical basis for securities firms stockbrokering regulation.The second part is an analysis of stockbrokering violations. First, a detailed analysis of the type of stockbrokering violations is made.Second,five causes of stockbrokering violations are analyzed.Finally,the violations are analyzed from the perspectives of investors, dealers, capital market and society.The third part is an analysis of status and problems of stockbrokering regulation.The part is divided into two parts.First,a summary analysis about the legal system and pratice of stockbrokering regulation is made.Second,there is a detailed analysis about the problems of the legal system and pratice of stockbrokering regulation.Part IV is the legal response to the securities firms stockbrokering regulation. In this part,six suggestions are put forward against the problems that mentioned in the third part.