论证券监管权——中国证券监管权的依法行使及其机制性制约

证券监管机构对证券市场的监督管理 ,是依法行政的重要组成部分。科学界定证券监管权的内涵 ,进一步完善证券监管权行使的监督制约机制 ,是维护证券市场秩序 ,防范证券市场风险 ,促进证券市场健康发展和依法行政的客观要求。要减少不必要的行政审批权 ,还权于市场 ,注意按市场规律强化证券监管效能 ,根据中国实际借鉴国际监管经验 ,并通过证券监管权行使的程序化、规范化 ,促进证券市场的公开化、透明化和有序化。

On Securities Regulatory Powers

The regulatory powers of the securities regulatory authority is an important part of governmental administrative operation under law.For the purposes of maintaining a good market order,reducing market risks,promoting the healthy development of securities market and lawfully carrying out administrative tasks,it is necessary to properly define the function of the securtities regulatory authority and its powers in order to continue fighting against abusive administrative activities.It is also important to abandon those unnecessary licensing iprocedures thus returning the power back to the market,strengthen the regulative efficiency by focusing on the rule of the market and use international experiences as reference for China's practice.The way of exercising securities regulatory authority should be formalized and standardized to promote the openness,transparency and order of securities market.