摘要
本文探讨了投资者适当性制度各国不同的立法模式及典型案例、对客户分类及相关标准、履行适当性义务的具体要求及其责任分配问题。证券公司在履行适当性义务时,首先需要根据投资者的资金实力、知识储备及风险承受能力确定投资者的类型;在充分认识客户的基础上,券商应向客户履行告知义务,将投资的相关风险、可能造成的损失及客户准备选择的产品性质明确告知客户;同时,券商应采取签署书面文件等方式确保客户对有关内容的知悉。
This article discusses the different national legislative models and their typical cases, customer classification and related standards, specific requirements and distribution of responsibility to fulfill adequacy obligations. When securities firms fulfill these obligations, first they need to determine the types of investors based on the financial strength, knowledge reserves and risk tolerance, and then brokers should perform notification obligations to the customers, explicitly informing the customers of related risks, potential losses and the nature of the products they prepared to engage in. Meanwhile, the broker should ensure the customers know the contents by the means of signing written documents.
出处
《证券市场导报》
CSSCI
北大核心
2010年第9期48-51,57,共5页
Securities Market Herald
关键词
投资者适当性制度
客户分类
适当性义务
券商责任
Investors Adequacy System, Customer Classification, Adequacy Obligations, Broker Responsibility
