Study On The Chinese Government Regulation Of The China Stock Market

Government to regulate the securities market on the Mainland is authorized by law, through the development of legal rules, formal or informal orders and mandatory regulatory measures, setting license approval, subject to develop a code of conduct securities activities in order to achieve the purpose of standardizing the securities market order, especially for activities of the securities subject to enter, exit, securities issuance, information disclosure, insider trading, securities intermediary service organizations and other institutions or individuals for effective control and management behavior. Government to regulate the securities market of the Mainland's main purpose is to overcome the phenomenon of stock market failures, stable and efficient securities market, the ultimate safeguard the interests of investors.The PaPer is divided into four parts:In the first Part, The associated with the rule of meaning and significance of the stock market the government and the rule.In the second Part, the mainland Chinese government to regulate the securities market's status quo, existing problems and cause analysis. Our government in the process of securities market regulation mainly in the absence of the overrun, the lack of government regulation goals and values of unity, the mainland stock market inefficiency government regulation, regulatory costs big issues. The main problem is the government regulation system is not perfect, the government's pursuit of a regulation of the main interest, so that the loss of its original role of government regulation, government regulation means, methods, scientific, government regulation laws and regulations are incomplete, government regulation implementation not in place, the lack of supervision.In the thind part, Discusses the developed countries and areas of government regulation in the securities market experience and enlightenment. Based on the United Kingdom, the United States, China's securities market of Hong Kong Special Administrative Regulation, and get the following revelation:a scientific and reasonable government regulation agencies, sound legal system for a complete transformation of government functions, decentralization in the market regulation.In the forth part, Discusses the ability to enhance the Mainland of China Stock Market Regulation Countermeasures. Including promoting the reform of government regulation, establish and improve the Mainland securities market regulation agencies, improve the legal system of government regulation in the mainland stock market, establish a standard regulation model, standardized procedures for regulation and innovative ways and means of government regulation, and improve government regulation of securities markets on the Mainland emergency response mechanism.Government securities market regulation is the micro-management functions, can be directly involved in securities trading the main stock market, control stock price volatility. Or the use of economic instruments such as monetary policy, fiscal policy on the stock market indirectly. Either way is to ease the stock market failures, how to improve the ability of the government's regulation is the end result of this study.