The Post-crisis Era Securities Credit Rating Agencies Regulation Law Studies

The securities credit rating is regarded as "the economic crutch" to reduce the informational dissymmetry and systematic insecurity. Thus, its influence on the stock market is undoubted. In recent years, however, a succession of securities credit rating scandal has undermined the equity and reputation of its profession. Against this background, it is put on the agenda of world securities legislation to perfect the vocational system. This should be an even more urgent task for Chinese securities credit rating vacating as well as the stock market, which has only emerged and developed in recent times.Chinese social credit system is still far from perfect, and securities credit rating practices has gone far away in front of the legal system. Because of securities credit rating legal system is lagging behind, the securities credit rating of industry greatly constrained. So i build a legal system in our country securities credit rating and make more in-depth study of securities credit rating of the legal system related issues.This paper’s main body is composed of four chapters, aside from introduction and conclusion.The first chapter gives a general description of securities credit rating, including the definition, function, basic theory, as well as the history of the securities credit rating agencies.The second chapter, based on the background of financial crisis, the author exposes the inner problem of credit rating agencies.The third chapter focuses on introducing the United States, the European Union and international institutions considering the credit rating agencies regulatory model, and they during times of the impact of the crisis has made relevant reform measures.At the fourth chapter, the authors try to construct our countries the credit rating agencies regulatory model...