Securities Untrue Statement Of Civil Liability Study

Fraudulent act in security consists mainly of fraudulent issuance , dishonest statement , insidertrading ,rigging securities exchange ,cheating customer . Dishonest statement is the most fundermental pattern of illegal act of all kinds of illegal acts in security market and other different illegal acts mostly take place in the same time with involving in it or by it. This article study the object of dishonest statement in civil liability , take the civil liability for torts as thread , consider other country and region s legislation and discuss deeply the value or undermental of theory of civil liability in securities ; it discuss the character form of civil liability of dishonest statement and the standard of forming tort ; it discuss the Character of civil liability of dishonest statement and the form of liability -.grounds for exemption, burden of proof, thediscipline and scope of damage to differentpersons who state dishonestly; in the mean timethe article point out some defaults in our country security legislation and our country ssecurity judical interpretation and the article make it best to complete the legislation in security and develop the judical practice .