综合性证券商信息隔离制度研究

A Study of the Information Seperation System in the Multiservice Securities Firm

与各国证券立法一样 ,我国《证券法》承认综合性证券商的法律地位 ,但是就如何调整综合性证券商内部的利益冲突问题缺乏系统、有效的法律机制。本文以此为切入点 ,对美英等国广泛采用的综合性证券商信息隔离制度进行研究 ,分析了该制度产生的现实与理论根源、制度内容、违反制度的判断标准等。作者认为 ,为防止综合性证券商在利益冲突的情况下损害客户利益 ,应完善我国《证券法》第 132条之规定 。

WT5BZ]The Securities law of China has given a legal status to the multiservice securities firms as other countries'legislation do.But there's lack of systematic,efficient system on how to deal with the conflicts of interest inside the multisevice securities firm.This essay makes a study on the information seperation system that has been carried out widely in many countries,and analyzes the realistic and theoretic basis of the information seperation system and its content.The allthor argues that,in order to prevent the multiservice securities firms from infringing their client's legal interests,China should amend the article 132 of the securities law,and introduce the information seperation system inside the multiservice securities firms. [WT5HZ]