Risk And Regulation Of Securities Dealers

The paper makes a discussion on securities firms' way in fending off securities market risks by analysis on our securities firms' development, risk analysis and international comparison . It also discusses on how to enhance risk supervision and how to meet the demands to match the country's securities market development and international market competition and on how to meet the now challenge after the entry of the WTO.The first part states the securities firms' development. It briefly states the development of our securities firms and analyses the advantages and disadvantages of the securities firms after the entry of the WTO. It points out the main problems of the securities firms and the importance and urgency of enhancing risk management.The second part analyses the risks of the securities firms. It analyses the risks of the security firms and its cause. It points out the problems in risk management of the securities firms in our county.The third part studies the measure and policy in fending off the financial risks of securities firms and states securities firms risk guarding mechanism. It points out that the financial innovation is the effective measure in fending off the financial risks . It states the main measures in securities firms risk control system to learn the experience in control and fending off the risks of securities firms in western countries and our securities firms's fending off the financial risks.The fourth part studies the supervision on securities firms . By comparison to the management models in western countries, by statement on the analysis of our securities firms supervision and its supervision content , the paper states on how to fend off securities firms' risks and suggestions on supervision .