金融创新下证券纠纷ADR模式法律问题研究——以调仲对接机制为角度

金融创新对于中国证券业转型发展的重要性不言而喻,但创新业务的快速开展,使得证券纠纷呈现出与以往迥异的特征,造成诉讼这一传统纠纷解决机制的困境。证券纠纷ADR模式作为一种国际通行的纠纷解决方式,在证券市场发达、成熟的国家和地区,已成为化解证券纠纷的重要措施。在创新实践中,通过调仲对接这一机制来构建中国证券纠纷解决模式,充分发挥调解、仲裁等ADR模式各自的固有优势,对保护中小投资者合法权益,促进证券市场健康稳定发展具有重要意义。

Financial innovation is essential for the development and transformation of securities industry, but the fast development of innovative business makes securities disputes show its different features, which causes predicament for the traditional dispute settlementmechanism as litigation. ADR for securities settlement, as a kind of common international dispute settlement measure, which has become an important method in the developed and mature securities market of countries and regions. In innovative practice, it＇s significant for protecting medium and small investor＇s lawful rights and healthy development of securities market through the mediation and arbitration connection mechanism to construct the model for securities settlement and develoo advance of ADR such as mediation and arbitration.