[1]钱玉文,周晓杰.证券机构虚假陈述的信用规制研究[J].常州大学学报(社会科学版),2019,20(06):23-32.[doi:10.3969/j.issn.2095-042X.2019.06.003]
　Qian Yuwen,Zhou Xiaojie.On Credit Regulation of False Statements by Securities Institutions[J].Journal of Changzhou University(Social Science Edition),2019,20(06):23-32.[doi:10.3969/j.issn.2095-042X.2019.06.003]
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证券机构虚假陈述的信用规制研究()
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常州大学学报(社会科学版)[ISSN:2095-042X/CN:32-1821/C]

卷:
第20卷
期数:
2019年06期
页码:
23-32
栏目:
民商法学专题研究
出版日期:
2019-12-30

文章信息/Info

Title:
On Credit Regulation of False Statements by Securities Institutions
作者:
钱玉文; 周晓杰
Author(s):
Qian Yuwen; Zhou Xiaojie
关键词:
虚假陈述;  信用公示;  失信惩戒;  合作监管
Keywords:
false statements;  credit disclosure;  disciplinary punishment of faithlessness;  cooperative supervision
分类号:
D912.28
DOI:
10.3969/j.issn.2095-042X.2019.06.003
文献标志码:
A
摘要:
目前证监会对证券机构虚假陈述行为规制的重心放在了虚假陈述的前后环节,却忽略了行政、市场与社会合作监管的中间环节。信用手段的阻遏功能将是更加实质性的,信用规制遵循信息披露与商事信用原则,以声誉罚和行为罚作为载体,通过披露证券机构劣迹,公示处罚内容并对其进行失信惩戒,以信息制衡手段规制证券机构,达到震慑与遏制目的。但目前法律惩罚缺乏刚性,信用规制失灵,预设的联合规制变为专项规制,金融属性规制与企业属性规制彼此割裂,立法设定和实务操作存在差异。因此必须立足于证券机构自身的金融属性与企业属性,统筹政务领域和商务领域,构建社会信用法律体系,实现行政、市场与社会合作监管,达到规制证券机构虚假陈述行为的目的。
Abstract:
At present, the focus of the China Securities Regulatory Commission on the regulation of false statements by securities institutions is placed on the pre and post links, but the intermediate link of administrative, market and social cooperation supervision is ignored. The repressive function of credit means will be more substantive. Credit regulation follows the principle of information disclosure and commercial credit. It takes reputation punishment and behavioral punishment as carriers to disclose the misdeeds of securities institutions, publicize the punishment contents and enforce disciplinary punishment of faithlessness and regulate securities institutions by information means, so as to achieve the purpose of shock and containment. However, due to the lack of rigidity in legal punishment and the failure of credit regulation, the pre-established joint regulation has become the special regulation, the financial attribute and corporate attribute regulations are separated from each other, and there are differences between legislation and practical operation. Accordingly, based on the financial and corporate attributes of securities institutions, it is necessary to coordinate the government affairs and business fields, construct a social credit legal system and realize the supervision of administrative, market and social cooperation, so as to achieve the purpose of regulating the false statements by securities institutions.

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备注/Memo

备注/Memo:
作者简介:钱玉文,法学博士,常州大学史良法学院教授、硕士研究生导师; 周晓杰,常州大学史良法学院硕士研究生。
基金项目:国家哲学社会科学基金一般项目“金融消费安全的公私合作规制研究”(18BFX138); 江苏高校哲学社会科学基金重点项目“网约车法律规制效果的实证研究”(2017ZDIXM005); 江苏省研究生科研创新计划项目“证券机构虚假陈述的惩罚性赔偿责任研究”(KYCX19_1726)。
更新日期/Last Update: 2019-12-30