On The Protection Of The Rights And Interests Of Chinese Investors OTC Stock Market

China’s stock market from2007to open "gem" in2012to set up "the new version three"expansion and local regional equity trading center, marks the level of our country includesover-the-counter stock market (OTC) capital market has initially formed. This year the StateCouncil decided again to the "new three edition" from four hi tech Park spread to the wholecountry, in order to flourish folk investment enthusiasm into the legal establishment ofcapital market, into the regulation, expand the small and medium-sized enterprise especiallyinnovative private enterprise’s financing channel, so as to promote economic prosperity. Butthe OTC stock market listed enterprise supervision and protection system for the investors’lack of OTC market listing enthusiasm, capital into the enthusiasm and the financing scale isnot ideal. This article from the current market regulation, investor protection legal defects ofinvestor protection perspective, high efficiency and flexibility in the practice experience ofmulti-level regulatory system in the developed capital market and OTC market, usingcomparative law focuses on the legal problems of China’s OTC, to play a normal role ofregulators and self regulatory organizations not single, proposed the establishment offinancial consumer protection laws, the SFC and the OTC market self-disciplineorganization multi level supervision and the establishment of financial mediation mechanism.This paper is divided into four chapters on the above research results.