The Application and Development of China's Securities Special Representative Litigation System
The lawsuit system of my country's special representatives conforms to the actual needs of my country's securities infringement frequently and maintaining the right to maintain the rights and interests of small and medium in-vestors.The system mainly draws on US group lawsuits,but has Chinese characteristics,and has innovated systems based on my country's national conditions.The birth of the special representative's litigation system has improved the ef-ficiency of litigation,but there are still some shortcomings,such as the procedure is difficult to start,the standard se-lection standards are blurred,and the incentive mechanism is insufficient.These problems need to be improved.In terms of improving the litigation of my country's special representatives,we should focus on strengthening the conver-sion of the general representative litigation and the special representative litigation procedures,refine the case selection standards,and establish an incentive mechanism to promote the effective implementation of the special representative litigation system and promote the securities as securities as securities.Effective solution of disputes.
Special Representative LitigationInvestor Protection InstitutionsSecurities DisputesFalse State-ments
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