Reflection on the Rules and Path Construction of Securities Special Representative Litigation
Special representative litigation is an important way to resolve securities group disputes.The specific qualifications of the subject of the lawsuit,the special rules for initiating litigation,and the strict criteria for selecting cases make special representa-tive litigation effective in saving litigation resources,motivating investors to protect their rights,and deterring illegal acts.At pres-ent,China's securities violation cases are showing a high incidence trend,investor's confidence in the securities market has dropped significantly,and the special representative litigation system is facing difficulties such as preconditions affecting the efficient devel-opment of litigation,the practicability of case selection criteria is not strong,and the single initiating entity model is weak in rights protection.In order to improve the system of special representative litigation,China needs to gradually relax the preconditions for in-itiating special representative litigation,optimize the case selection process for special representative litigation,and explore a dis-pute resolution model with the participation of multiple market entities.
securities group disputesspecial representative litigationinvestor protection
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维普
