The Study Of Group Suits On Securities Infringements’ System

With the development of the Chinese securities market, there are more and more securities infringement cases. The influence and the size of the securities group dispute is bigger. Chinese government pays more and more attentions to the securities group lawsuit. What’s more, Chinese government wants to set up a global financial center in China now and securities laws and regulations are good for capital market. Securities group lawsuit system is the most effective weapon to protect investors. We must to create efficient securities group lawsuit system as soon as possible in China.Chinese scholars who research securities group action are concentrated in the system. They get their conclusions through the comparison and analysis of the securities group action system. But they ignore the background and the correlation factors of the securities group action system.Based on the above discussion, the author does not pay attention to the securities group lawsuit system. On the contrary, the author associates securities group lawsuit system with culture background and legal tradition. And analysis Japan, South Korea and Taiwan which is the similar background with China the three countries or regions securities group lawsuit system.For our country’s securities group action research, the author focuses on the whole social system rather than just analysis legislative provisions and legal theory, especially focuses on the analysis of the law enforcement and judicial problems. Finally, the author puts forward his own proposals through the analysis of the domestic and international securities group lawsuit system. In one word, Chinese condition is the foothold, representative litigation is the breakpoint, consummate gradually our country representative litigation system based on the advantage of the securities class action.