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随着我国加入WTO,以及世界金融一体化程度的加深,我国的证券投资基金市场也必须逐步走国际化发展道路。发展对冲基金这种新兴的投资工具,有利于消除我国证券基金业现有的不少弊端,促进金融市场的繁荣。对对冲基金的监管进行前瞻性的立法,是我国发展繁荣对冲基金的必然要求,宏观上,必须明确对冲基金监管立法的原则、确立科学的监管体制、合理安排对冲基金监管的立法体系、积极参与对冲基金的国际监管合作;微观上,应当主要围绕对冲基金设立监管、运作监管、信息披露监管,退出机制以及法律责任体系等内容进行。
With China’s accession to the WTO and the deepening of the world’s financial integration, China’s securities investment fund market must also gradually take the international development path. The development of hedge funds, a newly emerging investment tool, will help to eliminate the existing malpractices in China’s securities fund industry and promote the prosperity of financial markets. Forward-looking legislation on hedge fund supervision is an inevitable requirement for the development and prosperity of hedge funds in China. On the macro perspective, the principle of hedge fund supervision and legislation must be clearly defined, a scientific regulatory system should be established, and the legislative system for the hedge fund supervision should be properly arranged and actively involved At the micro level, it should mainly focus on the establishment of hedge fund supervision, operation supervision, information disclosure supervision, exit mechanism and legal liability system.