IPO Misrepresentation Of Legal Regulation Research

Shares of the securities market is to form an integral part of our country market economy,the healthy development of the stock market need relevant legal regulation,investors investing in stocks is to obtain legal economic income,securities market should play its investment function,protect the legitimate interests of investors.IPO is the only way for any company listed,as well as investors to select and determine the main basis of a listed company is good or bad,the false statement is a company in order to be successful IPO often take the illegal act,the damage the legitimate rights and interests of the investors,damage to the order of the securities market in China.But many listed companies in our country,and the securities and futures commission of human is limited after all.So to innovate means of regulation,in addition to administrative review and punishment,improve the relevant legal system to further ensure orderly securities market is very necessary.Especially in China's upcoming IPO registration system under the big background,the perfection of related legal system and the introduction of new legal regulation means,especially the introduction of group litigation is of vital importance.Especially in China's upcoming IPO registration system under the big background,the perfection of related legal system and the introduction of new legal regulation means,especially the introduction of group litigation is of vital importance.So that can let the general investors to supervise the listed company has been in the process of IPO of violation and the existence of the phenomenon of false statements,through collective action to protect the legitimate rights and interests of investors,and make the company pay a heavy price.In order to make the listed companies in the IPO process not false statement,misleading investors,so as to make the healthy and orderly development of the securities market can.In this paper,the essential connotation of IPO false statements and false statement behavior,especially the introduction of the group litigation of related legal system of rules and regulations were discussed.Text includes three parts:The first part is an overview of IPO false statements.IPO(Initial Public Offerings,IPO for short):refers to a business or company(co.,LTD.)to sell its shares to the Public for the first time(Initial Public offering,the company to the Public for the first time the issue of a Public offering).False statement refers to the securities information disclosure obligor in violation of information disclosure obligation in the submitted information disclosure documents released or to violate the truth of statement or recorded.Concrete form includes false financial information disclosure,false the disclosure of the main operating conditions,concealing important matters tips,etc.Because of the false statement violates the choice of good faith of the civil law,violated the legitimate rights and interests of investors,so it is necessary to use to perfect the law system of regulation.The second part is the IPO of the dangers of false statement and its significance of legal regulation.False statements would interfere with the investor's judgment,make investors cannot according to the IPO of the company's stock price is correct and effective value judgment,because of the false statement would give investors make wrong judgment,so that their legitimate rights and interests receive damage.This will give investors a negative psychological effects,become no longer believe in the securities market.And it will play a negative demonstration effect,making the improper competition behavior become rampant,causing confusion in the order of the securities market.Only through the proper legal regulation of false statement behavior can maintain the stability of the securities market and protect the lawful rights and interests of investment.IPO false statement been regulated in the third part is our country the reality of the investigation,the main research of IPO in our country the status quo of studying the law system of the false statements,the problems existing in the extremely from criminal law regulation,civil legal regulation to the administrative legal regulation on three aspects carries on the discussion and research.Discussed the introduction of group litigation,because America has the world's most mature securities markets and the most advanced system of securities market administration.China's upcoming IPO registration system has been implemented in the United States for many years,so it is very worthy of our learning experience.The fourth part is the perfect legal regulating IPO false statement in China.Mainly from the criminal regulation,civil rules and regulations,administrative rules and regulations from several aspects were discussed,and finally discusses the improvement of the supporting system.Only a few people,the combination of IPO in our country the legal regulating of the false statement to complete,to ultimately ensure the healthy and orderly operation of the securities market.