我国证券侵权民事责任归责分析——原则:立法与司法的冲突与协调

On the Civil Liability of Fixation Concerning the Securities Infringement——Principle: the conflict and conciliation of legislation and judicature

归责原则是各类证券民事责任主体承担民事责任的主要标准之一,不仅关系当事人的民事实体责任,还与诉讼程序中举证责任的分配等有着密切的关联性,因此,研究证券民事责任的归责原则具有重要的审判实践意义。最高人民法院对证券侵权民事责任主体的归责原则之规定,忽略了与现行立法之间的协调与衔接,有的与法理相悖,两者之间的冲突导致审判实践的困惑。实际上,我国证券侵权民事责任主体不同,且各自的法律义务和社会责任的差异,故其归责原则呈多元化的特点。

The principle of the liability fixation is one of the norms of subjects of various civil securities liability. It not only concerns the civil liability of the party concerned but also closely relates to the distribution of burden of proof in the contentious procedure. So studying the principle of civil securities liability of fixation is of great significance.