On The Administrative Regulation Of Manipulation Of Securities Market By Public Fund In China

Public fund is a tool for investors financial management,also it's an important part of China's securities market.With the frequent occurrence of fund shady,not only those fund shady hurts the interests of other investors in the securities market,but also endangers the normal development of the fund industry.For that matter,applying law to maintain the fairness of securities market,fair,open,so as to make the healthy development of the securities market,to safeguard the interests of the small investors.Although the "Securities Law" of the securities market manipulation made prohibit the provision,from the point of view of the actual effect in the regulation of securities market,there are still many flaws,raising funds to manipulate the seriousness and universality of the administrative regulation becomes it "should be".No matter from the perspective of completeness of the legislative basis or from the point of view of the effect of administrative regulation mode,our country acceleratesour public fund manipulation of the securities market of administrative regulation reform which is imperative,because China's securities legislation system and securities administrative regulation mode has its unique evolutionary history.From the perspective of administrative regulation,this paper is concerned with the existing problems in the manipulation of the securities market of China's public fund.On that account,this article uses the comparative research method and the cross discipline research method,simply introduces the public fund to manipulate the stock market related to basic theory,and continues to the brief analysis of this behavior's harm.Then we analyze the legislative system and administrative regulation mode of the public fund to manipulate the securities market,in view of the problems existing in the manipulation of the securities market.Finally through a comparative study,in reference to the basis of the advanced experience from United States,Britain and Hong Kong ascountermeasures and proposals for the reform of the administrative regulation of securities market of our country public enlisting fund manipulation.