Study Of The Legal Issues Of The Investment Funds Regulatory Regime

Fran the history of the development of investment fund in the developed countries, it can be found that the perfect legal and regulatory system play a very important role in the booming of the investment fund. So many countries adopt the multiple-regulatory model of combining governmental regulation with self-ruled regulation, in which the government and the market are able to show their own initiative. On the other hand, the lack of complete regulatory system and experience of regulation makes it urgent that we should make reference to the advanced experience of foreign countries to construct our own legal system of regulation on investment fund with an aim to accelerate the development of investment fund and protect the investors. The article explores the theory of the regulation on investment fund in perspective of law, while first probes into the basic theory of investment fund and their analyses on the necessary regulation the investment fund in China. And finally the thesis produces some legal measures to consummate the regulation on the investment fund, with the hope that it will benefit the development of the regulation on investment fund in China.Excluding the preface and conclusion, the thesis consists of four parts with 30000 words approximately.Part one is about the basic theory. Firstly the author introduces the connotation, characteristics and category of the "investment fund" on the basis of the connotation of "regulation". Secondly the author explores the economic base and legal base. Finally the author expounds the realistic necessity to build the regulatory system in China, which results from the follow facts: there are common risks and special risks in any fund,Part two introduces the regulatory system of investment fund in our country. Then the author points out there are many problems in ourPart two introduces the regulatory system of investment fund in our country. Then the author points out there are many problems in our regulatory system of investment fund. These problems lead to disorder of the fund market. So we must reform our regulatory system of investment fund.Part three makes a general introduction of the regulatory system in England, the Unite States and Japan, which focuses on the analysis of their regulatory system. Although they all adopt the multiple regulatory system, they lay particular emphasis on different aspects which the Unite States and Japan mainly adopt the "governmental regulation" model, England mainly adopt the "self-ruled regulation" model, which results from their different political, economic and legal tradition.Part four is the design of regulatory system in China. In this part the author first points out that the regulatory system in China should adopt the multiple regulatory system The regulatory system consists mainly of four levels. Finally the author puts forward some proposes on the legislation of the regulation on investment fund.