从典型案例看我国证券民事赔偿机制的发育

On the Growth of China's Securities Civil Compensation Mechanism Seen from Several Typical Cases

我国证券民事赔偿机制的发育过程,以《最高人民法院关于受理证券市场因虚假陈述引发的民事侵权纠纷案件有关问题的通知》和《最高人民法院关于审理证券市场因虚假陈述引发的民事赔偿案件的若干规定》为分界线,大致可分为缺失、孕育、启动三个时期。后者是我国证券市场法治化的又一个里程碑式司法文件。它弥补了我国证券民事赔偿方面立法的部分不足,与前者相比,拓展了“虚假陈述”的外延,但在诉讼时效的起算日、虚假陈述揭露日等方面的有关规定还有待于完善。

The development of China's securities civil compensation mechanism has undergone three phases: absence,breeding,and set-about using Supreme Court's Notice on Relative Issues When Accepting and Hearing Civil Tort Cases Induced by Misrepresentation in Securities Market,and Supreme Court' s Provisional Regulations on Trying Civil Compensation Cases Induced by Misrepresentation in Securities Market as boundary lines.The latter is another milestone legislative document for law-reigned of China' s securities market,which has made up shortcomings in legislative aspects of China's securities civil compensation.Compared with the former,it extended the outer scope of 'Misrepresentation' but such provisions as value date of lawsuit prescription,disclosure date of misrepresentation still await amendments.