The Causality Identification Of Civil Liability For False Statement In Securities Marke

With the rapid development of economy,China's securities market is also gradually expanding,and securities trading has become an important type commercial transactions.The causality identification of civil liability for false statement in securities market is extremely important and complicated both at China and abroad.China's securities market is still in a period of rapid development,there is still a lot of room for improvement in the legislation.In this paper,the comparative analysis method is adopted.Firstly,the basic legal principles of traditional causality determination in continental law countries and common law countries are explored,and the reasons why the traditional causality determination method is difficult to apply in false statements in securities market are analyzed.Secondly,taking foreign legislation and judicial practice as an example,this paper introduces and analyzes the relevant legislation and precedents of other countries or regions in determining the causality of civil liability in false statements in the securities market,and analyzes the feasibility of using relevant theories for reference in light of China's actual national conditions.Finally,this paper analyzes the shortcomings of legislation in China,and puts forward the relevant matters that should be paid attention to in the determination of civil liability causality in false statements in the securities market.