摘要
我国当前对权证的规制仅限于证券交易所的业务规则,其法律效力有待提高,且在发行、上市、交易、行权各环节存在着诸多的不足,这些不足主要体现在权证发行与上市核准权、股改权证与创设权证的性质认定、权证发行与上市的条件、信息披露、履约担保、权证交易的风险揭示、主交易商制度、交易的实时监控以及行权失败的救济等方面。
China＇s regulation on warrants consist of only business rules of the stock exchanges rather than legal ones. There are quite a few defects in the rules on issuance, listing, trading and exercising rights of warrants. Such defects are mainly shown in issuing warrants and its approval, defining equity warrants and covered ones, warrants issuance and listing conditions, information disclosure, guarantees to carry out contracts, trading risks disclosure, regulations on main trader, real-time supervision of trading and remedies for failure to exercising rights.
出处
《河北法学》
CSSCI
北大核心
2007年第4期130-135,共6页
Hebei Law Science
基金
教育部人文社会科学重点研究基地2005年度重大研究项目"二十一世纪国际金融法律制度创新与发展研究"(05JJD820005)研究成果之一
关键词
权证
股本权证
备兑权证
warrants
equity warrants
covered warrants
