Stock Market Information Disclosure Principles Of Law Studies

As the basis and core of securities business, the system of informationdisclosure is of great importance for developing securities market and maintaininggood order of market. On the basis of other scholars' researches, this thesisconcluded three legal principles which will be discussed in the following pages fromthe history of information disclosure system. This thesis is composed of four parts.The first part is mainly about the historical development of informationdisclosure system and its legal principles. Foreseeing future should know about thepast. The development of information disclosure system in Britain and Americaprovided good examples for other countries, and also the basis of its legal principles.They are the principles of public information, good faith, and coercing. Meanwhilethis chapter also talks about the relationship among these three principles, whichseparately have concrete systems as discussed in the following thesis.The second part introduces the basic content of information opening, separatelyin the phase of securities offering and securities exchanges. In the course ofdiscussion, it also compared other countries' experiences. The third part analyses theobligations of good faith, which require obligators should disclose informationauthentically, entirely, precisely and betimes. The fourth part discusses the securitiesregulation, which brings the intervention of government. The informationsupervision and regulation is very important to the mode of securities supervisionand regulation. It provides basic parts for securities supervision and regulation.