Whether it is an administrative rule or a civil rule,securities self-regulation rules cannot be separated from the review of their effectiveness in judicial practice.Judicial review has multiple dimen-sions:constitution,administrative law,civil and commercial law,based on the different attributes of self-regulation rules,judicial review may take the form of administrative litigation or civil litigation.Based on the consideration of professional respect,judicial review should,in principle,exhaust internal remedies of self-regulatory organizations,but administrative remedies should not be used as a pre litiga-tion procedure.Judicial review should follow the principle of legality and due process.There are different effects of judicial review of the effectiveness of self-regulatory rules under different litigation models.
维普
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