基于投资者保护的证券市场监管规制

投资者保护是被国际证券委员会（IOSCO）列为证券市场监管的目标,新兴市场的诸多不足,导致政府监管的非市场化,成为我国证券监管中投资者保护的制度性缺陷。在完善政府监管投资者保护的路径选择上,必须把＂投资者保护＂的监管理念通过制度设计落实到监管实践,消除法律方面的不完备,实现政府监管的市场化,并加强对监管者的监管。

Stock Market Supervision Regulations Based on Investor Protection

Investor protection is listed as a goal of the stock market supervision by IOSCO.The market incompleteness of the newly established markets leads to the non-marketization of the government supervision and becomes a policy defect in the investor protection of China＇s stock market supervision.When choosing the path of investor protection in the course of improving the government supervision,we must put the supervision idea of investor protection into practice,eliminate the legal incompleteness,realize the government supervised market and strengthen the supervision upon the supervisors.