美国基金业独立董事制度探析

Research on the regulation of independent director in the U.S mutual fund

自20世纪90年代创始以来,在短短的十余年里,中国证券投资基金经历了初创到繁荣、规范与发展并重的历程,与此同时,有关基金的法律规定也不断丰富,日趋完善。为保护投资人利益,基金业独立董事制度被引入设立。通过运用比较分析的方法重点介绍基金业独立董事制度的缘起和发展,讨论其发源地美国共同基金的治理结构和现行规范,了解美国业界对于共同基金独立董事制度的评价,从而分析出独立董事作为基金监督机制的一种,有其积极意义所在,但是其本身并不是一剂"万能药",除此之外,还需借助于其他制度对于独立董事的作用进行补充和配合,如充分的信息披露,以及民事诉权制度等。

As a type of financial instrument,the investment fund develops rapidly in China in the last ten years.And the related statute also has been enriched.To the aim of setting up a kind of monitoring arrangement,the system of independent director is transplanted into China in 2001.This paper develops an analytic framework to retrospect the development process of independent director in the U.S mutual fund,describes its functions and some related regulation in U.S federal legislation,specifies the comment of this...