防范与化解中国证券市场风险的法理浅探

Keeping away and Eliminating the Dangers in Chinese Securities Business-A Legal Theoretical Study

整顿和规范中国证券市场的核心是真正实现公平原则。道德是制度安排的基础。一个能够贯彻“三公”原则的、规范的证券市场需要完善的法律体系,需要一支有力的执法队伍,同等重要的是需要市场主体具有良好的法律信仰和道德信守。防范与化解中国证券市场风险的途径是德法融合、加强政府监管和行业自律,重树市场主体诚信的道德理念,发挥道德与法律的各自优势,形成制衡机制,以道德规范与法律规范的良性互动来维护证券市场的正义与秩序。

The primary aim of regulating Chinese securities business is to realize the principle of justice. Morality is the basis of institutions. To set up healthy and standardized Chinese securities business, we need a qualified team to exe-cute the law, and at the same time the participants in this business should have strong belief of law and morality as well. In order to keep away and eliminate the dangers in Chinese securities business, we should combine moral disciplines and the law and strengthen the management run by the government. Morality and the law should both play important roles in the process of the development of Chinese securities business.