Research On Our Future Markets’ Legal Regulatory System

Along with Chinese economy change from planned to market and the historical process of transition has grown in strength, futures market is an important component and one of the results after China’s reform and opening up as a modern market economy. In recent years, the infrastructure of the futures market is increasingly complete, the scale is steadily expansive, and influence is emerging step by step. At the same time, the futures market as the interests of capital accumulation and the main game place, market manipulation or illegal trading practices is concomitant with the market. Therefore, strengthening the futures market, make the futures market against the risks should not be underestimated.Review over the process of legal construction in China’s reform and opening up of the futures market, can make us more clear understand the development of the futures market is closely related to the legal system. A sound legal and regulatory framework of China’s futures market is the important safeguard to promote the development of futures market. On the one hand, China’s government regulation take a large proportion of the management system in the futures market, the main means of macro management through China Securities Regulatory Commission administrative means, lack support of the legal and administrative supervision is too thick, and the Futures Industry Association and Futures Exchange lack of self-management. On the other hand, with the advancement of the process of internationalization, the futures market is an urgent need of effective legal and regulatory means to defend economic development. Obviously, we should think deeply how to make the futures market play its proper front in market economy, and improve China’s futures market legal and regulatory framework.This paper analyzes the legal and regulatory status situation of the China’s futures market. As the emerging futures market and post-national legal system, should learn legal and regulatory experience of the futures market from the United States, Britain and other developed countries and regions, and actively explore the best balance between the regulatory and market development. This article is analysis to explore existing problems of the futures market about China’s legal and regulatory system currently based on this. With the actual use of the theory put forward a sound legal and regulatory framework of China’s futures market response to suggestions, is also the original intention of writing and innovation. where to benefit the process of legal detours China’s futures market, to better improve regulatory efficiency and achieve regulatory objectives.