Issuers In The Private Placement Of Securities Issued On Civil Liability

In securities issued private placement, the civil liability regime for investors through the damage to be full relief, so that it can effectively protect the legitimate rights, interests of investors and maintaining the confidence of investors in the securities market. At this stage, because of the corresponding supporting securities issued by the system of private norms has not been introduced, with the result that the function of civil liability is not to give full play, then the people and the protection of the interests of investors as the most closely contact the main body of the legal relations of its civil liability research on with an important theoretical and practical significance.The discussion in this thesis benefits from such means as theoretical research, empirical research, comparative study. This thesis start from the special value of civil liability in securities issued private placement, through study the issue in the issuer of securities issued private placement in China's legislation and study the issue in the issuer of securities issued private placement such as nature, composition and the type. So I thought the civil liability of the issuer's private placement can be divided into a contractual obligation in violation of the civil liability and civil liability for breach of statutory obligations in two parts, divided into specific private agreement in violation of the civil responsibility, civil liability for illegal private placement and issued false statements to issue three types of information on specific types of civil liability, and accordingly put forward a private issuers to issue civil liability system in the specific ways to improve.In this thesis, the innovation is through the issuer object to issuance of private placement issue of civil liability systems conducted in-depth analysis, that the civil liability of the issuer's private placement can be divided into a contractual obligation in violation of the civil liability and civil liability for breach of statutory obligations in two parts, from illegal acts that undermine the scope of the identified causal relationship, responsibility and the amount confirmed by the way the face of the tripartite private issuers issued in the civil liability system building. Duty on the issue of people through research, there is conducive to private issuers issued in the civil liability system and is conducive to civil liability function into full play, so as to effectively solve the issue in the private truth of existence and system level aspects of the problem on existence, and fully the legitimate rights and interests of investor protection, promote the issuance of securities market's prosperity and stability.