Research On The Civil Liability Of False Statement After The Revision Of Securitites Law

All along,there have been endless violations of false statements in China 's securities market,and the relevant provisions before the amendment of the Securities Law have certain limitations.In order to protect the legitimate rights and interests of investors and promote the stable development of the securities market,China 's"December 28,2019 The Securities Law was revised,and the revised Securities Law came into effect on March 1 this year,comprehensively improving the protection mechanism for investors.On the one hand,the law stipulates the channels for investors to protect their rights and interests in the event of misrepresentation,and at the same time increases the illegal costs of the offenders,reflecting the improvement of the legal provisions.First,this article analyzes the background of the false statements in China's securities market,the significance of the civil liability legal system,and the impact of the revised "Securities Law" on the relevant amendments to the civil liability of securities false statements,and summarizes it using literature analysis and comparative analysis.Presents the current status of China 's current civil liability system for false statements and the positive significance brought by the revised“Securities Law”;secondly,based on the analysis of the basic theory of the legal system for false statements in China 's securities market,the basic theories and performance of securities false statements are introduced Form and nature of civil liability;Finally,it focuses on the analysis of the progress of the revised "Securities Law" on the civil liability of false statements in the securities market and the analysis of the shortcomings in the judicial practice of the securities market on civil liability caused by false statements over the years in China.