论我国证券基金制度的异化倾向

近年来,我国证券基金发展势头迅猛,但尚缺乏能确保其可持续发展的制度支撑。应防止以下四个异化倾向:基金作为信用工具之一,信用制度是其基础,应防止冒进倾向;与其他经济制度一样,利益制度是核心,应防止失衡倾向;证券投资是其主要业务,运作制度是重点,应防止风险倾向;基金自身与证券市场的发展离不开有效监管,制度是保障,应防止虚位倾向。

On the Tendencies of Our Stock Funding System

Recently,the development of our stock funding is booming.But after research,the system which can ensure the sustained development is weak.There are four tendencies:Fund is taken as a tool of credit,and credit system is its fundation,so the tendency of offence should be avoided;like other economic system,benefit system is a key,so the tendency of unbalance should be prevented;stock investment is its main business,and operational system is a focal point,so the tendency of risk should be forestalled;the development of fund itself and stock market links with the supervision,and system is a safeguard,so the tendency of fiction should be guarded against.