【摘要】 逆周期监管制度安排是确保具有顺周期性的金融系统可持续、稳健运行的有效手段。证券业在外部信用评级、内部财务管理及激励机制、证券公司的主要业务及证券投资基金等方面均具有顺周期性,为使我国证券业稳健运行,应从信用评级机制、内部财务管理和激励机制、证券公司主要业务、证券投资基金、投资者教育方面进行逆周期监管。更多还原

【Abstract】 Institutional arrangement of reverse-cycle regulation is the effective means to ensure a pro-cyclical financial system to run continuously and stably. In terms of external credit ratings, internal financial management and incentive mechanism, the main business of securities companies and securities investment fund and so on, securities industry is pro-cyclical. In order to run the securities industry stably, credit rating mechanisms, internal financial management and incentive mechanism, the main business of securities companies, securities investment fund and investor education should be reverse-cycle regulated.更多还原