Legislation On The Legal System Of China's Private Equity Fund Improved

Private Offering Fund is a new problem with the development of china's securities market.With the rapid development of china's economy and effective increase in savings of individual citizens,the dypes of financial instruments for investment have more foodful requirements,this is a spontaneous market demand.Private Offering Fund with its unique characteristics of the coexistence of high risk and high return becomes an ideal investment tool for investors. Private Offering Fund itself has many advantages,but because has not yet given a clear legal status for it,so china's current private offering fund's management is at embarrassing position,this will cause illegal operation,if no measures are taken to prevent it,this would seriously harm the interests of investors and it is not conducive for the stability of China's securities market and the health and orderly development of economy. Therefore the research on this issue is of great practical significance,and the research on the legal system of private offering fund is also very necessary and meaningful.This paper is divided into six parts:The first part is the introduction, respectively from the research background and significance, literature review, research methods and innovations to introduce in four areas.The second part is an overview of private offering fund, firstly we define the private offering fund from the aspects of the private offering fund's definition,legal characteristics,classification,organizational forms; secondly we should distinguish private offering fund from other related concepts,such as the difference between private offering fund and raised fund,private offering fund and lilegal fund raising,etc;finally,we should propose fundamental analysis in legal nature of private offering fund.The third part propose the basic outlines of the development of private offering fund,firstly we analyze the development of china's private offering fund,dividing private offering fund into private securities fund and private equity fund;secondly we introduce the main form of fund;then analyze the cause of the development of private offering fund;finally propose the main problems of the development of private offering fund.The fourth part is from our current laws, regulations and provisions which is related to private equity to analysis, and identify legal provisions that exist in the current inadequacies.The fifth part propose the overall concept of the legislation of china's private offering fund,firstly analyze the problem from our current laws,regulations,and related provisions;secondly we propose the legislation standardized ideas of the development of private offering fund, such as putting private offering fund into our existing legal framework,determining standard of private offering fund,clearing system of registration and record.The last part propose the construction of legal system of private offering fund,from the access system of the market(the legal regulation of subject of the market) and behavior legislation,such as from the record system of establishment of fund,resale restriction's system and information disclosure system,credit system in these aspects to elaborate.