A symposium for the 5th anniversary of the founding of "On Securities Laws", a periodical founded by the Shanghai Stock Exchange (SSE), was held in Beijing on July 26, 2014. Among those attending were officials and famous experts from the Finance and Economic Committee of the National People's Congress, the China Securities Regulatory Commission, the All-China Lawyers Association, the China Civil Law Society, the China Commercial Law Society, the China Economic Law Society, the China Securities Law Society, Peking University, Tsinghua University, Renmin University of China, the Institute of Law of the Chinese Academy of Social Sciences, East China University of Political Science and Law, Zhejiang University, and Xiamen University. The process of founding the periodical was reviewed at the symposium, with some suggestions on improvements put forward as well.
The "On Securities Laws", sponsored by the SSE, with SSE Chairman of the Governors Gui Minjie as Editor-in-chief and SSE President Huang Hongyuan and SSE Vice President Xu Ming as chief editors, is an academic periodical about science of law published by the Law Press China. It aims to propel studies on legal construction, publicize concepts of legal construction, and boost legal construction for the capital market. To adhere to the guideline for running the periodical and control its academic level in an all-round way, 23 top experts and professors in the law field of the capital market are invited to constitute an academic advisory committee and an editing committee. The "On Securities Laws", an academic periodical sponsored by the SSE, set from the very beginning an idea of running the periodical by combining academic research with practice, and giving consideration to both reality and foresight. It pays high attention to the reform and development as well as the legal construction of the Chinese capital market, studies the legislation, regulation and enforcement, as well as justice in the capital market, and analyzes the key points, hot issues, and thorny problems in the legal construction of the capital market.
Since its founding in 2009, the "On Securities Laws" has published 10 volumes, 15 books, 348 theses, and 6,276,000 words. The authors of the periodical came from the theoretic circle and the practical circle as well, including 168 person-times from the famous colleges and institutions both at home and abroad and 148 person-times from the legislation bodies, justice organs, securities regulators, and market participants. The periodical has become very influential in the law field of the capital market after 5 year’s efforts, and it was selected as one of the CSSCI periodicals by the China Social Sciences Research Center early in 2014.
The experts present at the symposium held that unlike traditional academic periodicals, the "On Securities Laws" gives consideration to domestic practices, refers to overseas experience, and solves realistic problems. The periodical has got academic reputation and practical influence in a relatively short term, as the SSE has attached much importance to propelling the legal construction of the capital market, pooled top experts in both the theoretic circle and the practical circle, and built the important platform for studying the legal construction of the capital market. The high-quality research subjects put forward by the periodical have provided theoretic fundamentals for the amendment to and the improvement of the “Securities Law” as well as the legal construction of the capital market. The mode of running the periodical could be summarized as one forum, one periodical, one batch of experts, and one think-tank, which was put forward by the SSE. Besides, the theoretic circle and the practical circle have benefited a lot from relevant studies.
The experts also gave an array of suggestions on improving the "On Securities Laws", which involved presenting new ideas and implementing new measures on the basis of giving full play to good traditions.
Xu Ming concluded that the "On Securities Laws" would continuously inherit the principle and idea of founding the periodical, adhere to the periodical’s features, enhance its quality, expand the research scope, and optimize the way of running it, in a bid to contribute more to the capital market and the relevant legal construction. Consistent supports from all walks of life would be expected.
