On Legal Purpose of the Securities Law of China
Yuan Zong-jian
Abstract
Yuan Zong-jian
Abstract
Article I of Securities Law of China is said, Securities Law is enacted to standardize the activities of issuing and trading of securities,to protect the lawful right and interests of investors, to safeguard the economic order and public interests of society and to promote the development of the socialist market economy.And all these four aspects are gradated.But its fundament purpose is to protect the lawful rights and interests of the middle and little investors.
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Article I of Securities Law of China is said, Securities Law is enacted to standardize the activities of issuing and trading of securities,to protect the lawful right and interests of investors, to safeguard the economic order and public interests of society and to promote the development of the socialist market economy.And all these four aspects are gradated.But its fundament purpose is to protect the lawful rights and interests of the middle and little investors.
Key concepts: Business, China, Order (exchange), Private placement, Safeguard, Broker-dealer, Security market, Law