虚假陈述侵权的赔偿责任

本文的基本立论是 ,应当根据我国目前证券市场的现实状况与客观需求 ,适当借鉴国外立法经验 ,建立和完善我国证券虚假陈述赔偿责任制度。在赔偿原则与赔偿范围方面 ,应在填平原则的前提下 ,对受损投资者的间接利益损失予以支持 ,增加造假者的造假代价 ;在因果关系与举证责任方面 ,借鉴美国作法 ,采纳”推定信赖”的原则 ,减轻原告的举证责任。在归责原则方面 ,对发行人、承销商应适用无过错归责原则 ,对中介机构及其它责任主体则应采用过错推定原则

On the Compensation Liability of False Representaion

The basic theme of this article is: China's legal system of compensation to false reprsentation should be revised in light of the status quo and foreign legislations.For the compensation principle and scope, investor's indirect loss should be compensated to increase the price of wrongdoer; the "infered reliance" doctrine should be adopted to decrease the burden of plaintiff; etc.