监管者

However, in China disclosure remains wretched, the result of a censored press, poorly enforced laws and a history of conflating information with propaganda.

监管者对于上市公司的审查与股票发售的控制是基于他们认为这是否有利于整体市场。

In the run-up, China's stock market regulator has enacted measures to try to rein in some of the eye-popping debuts seen in the past.

在运行过程中，中国市场的监管者们制定了措施以在试图去限制一些在过去看起来令人吃惊的企业的首次亮相。

But market confidence in their judgments has ebbed .

但市场对监管者判断的信心已&退潮&。

Perhaps surprisingly, considering the grousing usually heard from drugs giants about European regulators, his firm has often found it faster and easier to launch new products in the Europe than in America.

令人意外的是，由于药品巨头们经常抱怨欧洲的监管者，他的公司经常发现在欧洲推出新产品要比美国快速和容易得多。

Regulators are also inching towards a more "systemic" approach to risk.

监管者们也正在向一个更加&系统化&处理危机的方向迈进。

Instances of trading malfeasance are "inevitable" so long as the NYSE relies on and indulges the specialist system, Mr Steil says, and so long as stock trading remains so intermediated that it is difficult to establish an audit trail for regulators to follow.

斯泰尔先生说，只要纽约证交所继续依赖并纵容特设经纪商制度，只要中介在股票交易中的作用仍如此之大，以至于很难建立一个让监管者进行监视的审计跟踪系统，那么交易违规行为就&不可避免&。

Instances of trading malfeasance are 『inevitable』 so long as the NYSE relies on and indulges the specialist system, Mr Steil says, and so long as stock trading remains so intermediated that it is difficult to establish an audit trail for regulators to follow.

斯泰尔先生说，只要纽约证交所继续依赖并纵容特设经纪商制度，只要仲介在股票交易中的作用仍如此之大，以至於很难建立一个让监管者进行监视的审计跟踪系统，那麼交易违规行为就&不可避免&。

If this does not happen within a predetermined period of time, the regulator intervenes.

如果没有在预先规定的时间内达到要求，监管者就进行干预。

The history of futures has had more than ten years old since 1990's in China. Our financial supervision system and futures market have been developing as the same time. So a lot of problems have boomed, supervisors、brokers and investors are also pullulated and maturated in this period.

我国的期货市场起源于上世纪九十年代，迄今已有十几年的历史，由于我们的管理制度同期货市场一同发育的，因此整个市场出现了很多问题，在这期间，监管者、投资中介和投资者是共同成长、成熟的。

IF ONLY, America's financial authorities must feel, they could gag congressmen as easily as they have muzzled short-sellers.

美国金融监管者肯定感觉到，如果他们能像让卖空者闭嘴那样容易就能堵住国会议员们的嘴该多好呀！

I am accused of being overreligious," she said in her quiet, frank manner,"but that does not prevent me thinking the children very cruel who obstinately commit such suicide.""

客人们在卡罗利娜·埃凯家里，举止就文雅一些，因为卡罗利娜的母亲治家很严厉。

Designed by French fashion house Herm è s, this elegant uniform was manufactured in our home, Hong Kong, and was the first without a hat.

由著名品牌 Herm è s 设计，这件高贵的制服是香港本土制造，是我们第一套不配帽子的制服。