China's Stock Index Futures Risk Of Regulatory Studies

This thesis aimed at exploring effective way of risk regulation of stock index futures and preventing risks of stock index futures to improve the function of stock index futures as a risk management tool to ensure the health of the development of stock index futures market.This thesis analyzed the stock index futures and the characteristics, then summarized the stock index futures risk of regulatory experience in United States, Korea, Hong Kong and commented the regulatory of Shanghai and Shenzhen 300 stock index futures trading system and the regulatory system.This thesis raised the risk of regulation proposals basing on the summary of typical regional and national regulatory system of stock index futures of the risk. These proposals include:improving regulatory supervision of stock index futures; strengthening cross-market supervision to prevent market manipulation; classifying qualified investors and guiding to improve the investor structure; introducing new stock index futures products to the spread market risk; opening stock index futures market gradually to prevent the impact of international capital and so on.