On Appraisal of the Designing of the Securities Law System

The securities law designs legal system in order to protect the lawful rights and interests of the middle and little investors and maintain the development and booming of the securities market.These legal systems include: engaging and administration of securities business separate from the banking business,trust business and insurance business,the verification of public offers of shares,disclosure of information,takeover of listed companies,securities regulatory and legal liability.However,as to all kinds of reasons,these legal systems still exist lots of flaws,and so needed to be improved and perfected increasingly.