The Theory Of The Securities On The Securities Law

China’s rapid economic development, deepening financialactivities has complex, the innovation of financialinstruments.Securities law as an important legal regulation offinancial activities, protecting the legitimate rights and interests ofinvestors, bear the important task of promoting the development ofmarket economy.This paper aims to clarify the securities law"securities" essential feature, and securities law should regulate thesecurities to provide the theoretical foundation.The first chapter of civil law on securities analysis.In the firstwritten document under the concept of distinguishing the stockcertificate, then to civil law in securities are classified; and discussesthe rights securitization process, connotation and significance, finallythe trend of paperless securities are described in brief.The second chapter introduces the Securities Act securitiesdefinition and scope is a highly professional and the complexity ofthe problem of legislative technique, constitute the basis and startingpoint of the whole securities law, but also related to various countriesfinancial innovation and economic development; and "SecuritiesLaw" to adjust the scope of the securities were introduced.The third chapter of the United States Securities Law onsecurities definition undertook combing.The fourth chapter the first clearly defined the meaning of thesecurities law, and then from the historical and economic perspectiveof the securities law definition were evaluated, and draw in thereform and opening up mission guide and trend of economic development drive below, Chinese law on securities defined shouldexpand conclusion.The fifth chapter through the construction of securities lawdefinition theoretical model of securities law, demonstrates thenecessity and principle of legislation, finally draw the securities law"securities" should have "investment contract" essential feature ofthis conclusion, and recommend investment contract into thesecurities law of the type of securities, which is expanded on thedefinition and the Securities Act securities range.