In The Brokerage XY Perspective On Medium And Small Investor Protection Strategy

After nearly 20 years of rapid development, China’s capital market has been gradually occupying an important position in the global capital markets. Stock market, as an important place to absorb idle funds in the capital markets, becomes an important channel for small and medium investors to invest. Investors are the cornerstone of the development of the stock market, and also the main body in the stock market. After a hundred years of development, the Western countries have extensively studied the protection of the interests of small investors, while there are still many defects and deficiencies in protecting the interests of small investors in China. Protection of the interests of small investors is the guarantee of the healthy development of the stock market. In order to effectively address the damage to the interests of small and medium investors, it is necessary for us to study the protection of interests of small investors in China.In this paper, from the perspective of brokerage, we will discuss corporate governance theory, the theory of asymmetric information and the public interest theory. Interests of small investors include self-and co usufruct. Due to the requirements of the modern standard of right and democratic principles, the requirements of the modern enterprise system and stock market, China need to protect the interests of small investors. To protect the interests of small and medium investors, China face many problems, including the infringement which major shareholders make to small and medium investors, and the quality of information disclosure, and securities fraud. Facing with the problem in protecting the interest of small and medium investors, we will give a more detailed analysis from the system, structure and understanding. Finally, this paper puts forward relevant strategies to protect the interests of small investors, some suggestions are given on the protection of the interests of small and medium-sized investors, which mainly includes improving the corporate governance structure, strengthening the supervision of the securities regulatory authorities, improving the protection of small investors from the legislation and strengthening self-protection of small investors.