Study On Applicable Law Of Cross-border Securities Transactions Tort

With the globalization of the world economy, the international trend ofsecurities transactions is significantly increased. Due to the interests of the securitiesmarket-driven, securities trading violations has occurred repeatedly. When securitiestrading violations occurs, how to apply the law is particularly important. Thefollowing is the general content of this article:The introduction is based on the development trend of the world economy,which described the legislative situation on cross-border securities transactions tort inlaw application of those countries, it also indicating the intent and objectives ofwriting this article.ChapterⅠ d escribes the status of cross-border securities transactions, and thenproposes the importance of the law applicable to the issue of cross-border securitiestransactions infringement.ChapterⅡanalyzes with the two main lines of common law and civil law, itcites several representative countries from the Common law and Civil law, thenanalyzes the identity of cross-border securities transactions tort from those countries.Chapter Ⅲ analyzes with the same angle of the second chapter, namely, it citesseveral representative countries from the Common law and Civil law, and then givena detailed analysis of the legislative provisions of the law applicable to the issue ofcross-border securities transactions infringement in those countries. After that,compare the rules of applicable law of those countries, showing their convergenceand differences.The ChapterⅣ perfect the applicable law of cross-border securities transactionstort, which is based on national conditions of our country. It mainly includes asfollows:The first section exposes the status that there are significant deficiencies existin the applicable law of cross-border securities transactions in our country atpresent;The second section itemizes the national legislative model adopted by the twolaw system’s countries, and then summarizes several legislative models which are suitable for our country by comparative analysis;The third section select the mostsuitable models for our country from the several models which is list in the formerpart, namely it’s accordance with the introduction of judicial interpretation by theSupreme Court, then designed the content of the judicial interpretation specifically.