融资融券风险法律控制比较研究.doc

融资融券风险法律控制比较研究 摘 要 本文以融资融券风险作为研究对象，从比较法的角度对美国、日本、 台湾地区、英国和香港融资融券风险法律控制的经验进行分析和研究， 其中又以美国、日本和台湾地区为主。本文首先在对融资融券及其风险 的一般理论深度分析的基础上，引出融资融券风险控制的法价值取向并 进行实证研究，进而借鉴国外融资融券风险法律控制经验，提出构建我 国融资融券风险法律控制框架。按照论述的逻辑体系，本文共分四章， 主要内容如下： 第一章主要从理论和广阔的角度阐释了融资融券的界定、功能、法 律运作机理、法律关系以及进行了风险理论分析。 第二章从理论的角度分析了融资融券风险法律控制的法价值取向， 并实证分析了融资融券风险法律控制。 第三章主要从比较法的角度分别对世界主要国家和地区融资融券风 险法律控制经验进行了研究，而又主要考察了美国、日本和台湾地区。 在比较分析中，笔者紧密跟踪最新理论成果和最新立法状况，进而得出 自己的理解和启示。 第四章在以本文第二章法价值取向以及第三章所借鉴其他国家经验 和启示为基础，提出构建我国融资融券风险法律控制框架。 1 关键词：融资融券，风险法律控制，保证金 2 RESEARCH ON COMPARATIVE STUDY OF MARGIN TRANSACTION RISK OF LEGAL CONTROL ABSTRACT Focusing on the risk of margin transaction， this paper， from the perspective of comparison method，analyzes and explores the experience of risk control by law in United States，Japan，Taiwan，England and Hongkong， especially the United States，Japan and Taiwan. At the same time，the paper on the basis of deeply analyzing the risk of margin transaction，educes legal value orientation of risk control with margin transaction by law，gives empirical study，and then draws lessons from foreign experience to advance framework of risk control with margin transaction by law in China. In accordance with logic system discussed，this paper comprises four chapters， the abstracts of which are as follows: Chapter One is mainly from a theoretical perspective and a broad definition to explain the definition of margin transaction，function，legal operation mechanism，legal relationship and analyzes risk theory. 3 Chapter Two ， from the perspective theory ， analyzes legal value orientation of risk control with margin transaction by law， and gives empirical study on the risk control with margin transaction by law. Chapter Three ， mainly from comparative perspective ， separately researches the experience of risk control with margin transaction by law of main countries，especially the United States，Japan and Taiwan. In the analysis of risk control with margin transaction by law，the author closely tracks the latest theoret