High Delivery Is Still Chaos: Regulation Is The Basis Of Regulation.
Based on the importance of supervision, the series of regulatory measures taken recently by Chairman Liu Shiyu has been controversial in the market. This includes Liu Shiyu's bombardment of listed companies, the supervision of the new shares, and the supervision of hyung hyung concept stocks.
Although there are many arguments in this debate around chairman Liu Shiyu.
Liu Shi Yu
The voice of the chairman's slander, but some well-known market participants expressed their support for president Liu Shiyu, saying that the illegal activities and all kinds of chaos in the market should be "ruthless" and "heavy handed". They should be "strictly regulated" and "comprehensive supervision".
It is also the voice of the author to strictly supervise and control all kinds of illegal activities.
However, in the actual supervision process, whether it is "strict supervision" or "comprehensive supervision", including "heavy punches" and "ruthless hands", these should be built on the basis of supervision by law.
Comprehensive supervision can only be within the scope prescribed by law, while strict supervision can only be based on supervision according to law, but not beyond.
Legal provisions
The scope of supervision and the scale of punishment.
Therefore, although President Liu Shiyu stressed the need for supervision by law, strict supervision and comprehensive supervision, the most fundamental foothold of his policy is supervision by law.
The reason is that according to law
supervise
The reason for the regulation is that the law stipulates the parties' code of conduct.
If the parties' actions are within the scope permitted by laws and regulations, the parties are a model of obeying the law and should not be punished by law again.
If a party strictly controls his or her code of conduct within the scope permitted by the law, it will also be punished by law.
The parties also lose their code of conduct.
For the stock market, this is easy to confuse the market.
What should we do and how we should do it?
Moreover, supervision by law is also a constraint to law enforcement officials.
If regulation kicked the law revolution, it would be easy to expand the power of regulators, and rule by man would replace the rule of law, and regulators would become lawless if they lost their restraint.
With supervision according to law, this is not only a constraint to law enforcement officers, but also a law standard for law enforcement officers, which is subject to the supervision of the whole society.
On the contrary, without supervision according to law, this means that the law enforcement officers do not have the code of conduct, which makes it easy for law enforcement officers to do whatever they want.
Such behavior is actually a stain on the law.
Of course, supervision by law sometimes suffers from insufficient punishment.
For example, some illegal activities in the market, even if the top penalty is imposed, the maximum penalty is only 30 thousand yuan or 50 thousand yuan.
For this punishment, spectators also want to "Curse" after seeing it.
But as a regulator, it can only be punished according to law.
What do regulators have to do? Actually, it is easy to do, that is, to promote and improve the revision of the securities law, so that the securities law will be strict in the investigation of illegal activities.
If we only play the "cannon", it will not help to solve the problem.
If Mr Liu Shiyu's recent bombardment of high delivery was criticized, the problem was that such bombardment lacked laws and regulations. Therefore, after the bombardment, the problem of high delivery is still a problem.
Such a bombardment is obviously better to come up with a normative opinion, which is more conducive to solving the problem.
For more information, please pay attention to the world clothing shoes and hats and Internet cafes.
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