证券管理

Its core is:(1) The creation of management model pays much attention to reforger on broking program and design on stratagem transmitting scheme;(2) To the reconstruction and creation of brokers' model, it emphasizes that we should reforge the organization form, management form, allocation system, risk control and "background support" in brokers' system;(3) The creation of technical and products developing service model focuses on networks exploration, eliminates "the bottle-neck"---the restriction to the deal on web, guarantees fast and stable realization in transaction function, and meanwhile, on the basis of creating famous-brand, setting up well-brand and enhancing their fame, makes great use of the cooperation between banks and stockjobbers, computer terminals in community, etc, and networks transaction clients' resources.

其核心内容是：管理模式的创新重在经纪业务流程再造和战略转型方案的设计；经纪人模式的重构与创新，重在重构证券经纪人制度的组织形式、管理形式和分配制度、风险控制以及后台支持方面的重新的设计；技术和产品开发服务模式的创新重在网络开发，消除网上交易瓶颈，确保交易功能快速稳定实现，同时在创名牌、树品牌、提高知名度的基础上转向出色运营和利用银证合作、社区终端站等形式，大力开发新的网上交易客户资源等。

Whether inside or outside, it is very popular that listed companies make use of earnings management unsuitably and the improper earnings management has many adverse impacts, resulting in accounting information distortion, baffling the healthy development of securities business, damaging investor's benefit and disturbing the social economy system. So, financial and economic scholars all over the world have paid more attention to how to govern earnings management.

无论国内还是国外，上市公司盈余管理不当导致会计信息失真、阻碍证券市场健康发展、损害投资者利益和扰乱社会经济秩序的现象都非常普遍，所以，如何有效地治理上市公司盈余管理，成为世界各国学者研究的重点和难点。

To provide for the punishment of counterfeiting the securities and current coin of the United States; To establish post offices and post roads; To promote the progress of science and useful arts, by securing for limited times to authors and inventors the exclusive right to their respective writings and discoveries; To constitute tribunals inferior to the Supreme Court; To define and punish piracies and felonies committed on the high seas, and offenses against the law of nations; To declare war, grant letters of marque and reprisal, and make rules concerning captures on land and water; To raise and support armies, but no appropriation of money to that use shall be for a longer term than two years; To provide and maintain a navy; To make rules for the government and regulation of the land and naval forces; To provide for calling forth the militia to execute the laws of the union, suppress insurrections and repel invasions; To provide for organizing, arming, and disciplining, the militia, and for governing such part of them as may be employed in the service of the United States, reserving to the states respectively, the appointment of the officers, and the authority of training the militia according to the discipline prescribed by Congress

制定对伪造合众国证券和货币的惩罚条例；设立邮政局及延造驿路；为促进科学和实用技艺的进步，对作家和发明家的著作和发明，在一定期限内给予专利权的保障；设置最高法院以下的各级法院；界定并惩罚海盗罪、在公海所犯的重罪和违背国际公法的罪行；宣战，对民用船苹颁发捕押敌船及采取报复行动的特许证，制定在陆地和海面虏获战利晶的规则；募集和维持陆军，但每次拨充该项费用的款项，其有效期不得超过两年；配备和保持海军；制定有开管理和控制陆海军队的各种条例；制定召集民兵的条例，以便执行联邦法律，镇压叛乱和击退侵略；规定民兵的组织、装备和训练，以及民兵为合众国服务时的管理办法，但各州保留其军官任命权，和依照国会规定的条例训练其民团的权力

The central bank, China Banking Regulatory Commission, Securities and Futures Commission, the China Insurance Regulatory Commission on the same day action.

中央银行，中国银行业监督管理委员会，证券及期货事务监察委员会，中国保险监督管理委员会于同日采取行动。

Evening hearing from the market also approved a new fund, to vote on the Morgan fund management companies this year's second fund products - Morgan voted on in the small-stock fund was recently approved by the China Securities Regulatory Commission and will be issued in the near future.

晚上从市场听证会还批准了一项新的基金，以表决摩根基金管理公司今年的第二只基金产品-上投摩根在小型股票基金，最近又被中国证券监督管理委员会批准，并将于近期发行未来。

The SEC is an independent, nonpartisan, quasi-judicial regulatory agency with responsibility for administering the federal securities laws.

美国证券交易委员会是一个独立的，无党派，准司法管理机构，负责管理联邦证券法。

There are complications," a Yunnan Copper Group, insiders said yesterday, holding the three-tier executives, a subsidiary of the problem do exist, these are problems left over by history, is currently being resolved,"company executives have to note the Shenzhen Stock Exchange , To discuss matters relating to resume trading.

有并发症，&一云南铜业集团内部人士昨天说，举办三级管理人员，对这个问题的子公司存在，这些都是历史遗留问题，目前正在解决，&公司管理人员必须注意深圳证券交易所，讨论有关恢复交易。

After a week of opinion, the China Securities Regulatory Commission on August 27 issued a formal "on revising the" management approach to acquisition of listed companies,"the decision of the sixty-third section," free holdings (per 12 months to increase its ownership in the company shares the rights and interests of the company has no more than 2% of the issued shares) an application for exemption from "pre-application" to "ex post facto."

意见后一周内，中国证券监督管理委员会8月27日发表了对60正式的&关于修改&管理办法对上市公司收购&的决定第三部分，&免费控股（每12个月内增加其在该公司股票的所有权和该公司的利益，不超过2％的股份）的申请从&预申请&豁免&事后&。

The article discusses how to regularize earnings management of Chinese listed company with the separate viewpoints of law; accounting standard; accounting principle; security supervisor committee; professional criteria of Certificated Publ...

本文在国内外学者对盈余管理大量实证研究的基础上分别从我国法律法规、会计准则和会计制度、证券监管部门、注册会计师职业规范体系、关联方交易、资产重组等角度探讨了如何对上市公司盈余管理现象的规范。

Article 5 The China Securities Regulatory Commission shall supervise and administer information disclosure on Change of Shareholdings in accordance with law.

第五条中国证券监督管理委员会应监督和管理，信息披露的变化持有股票，在依法治国的。

The labia have now been sutured together almost completely.The drains and the Foley catheter come out at the top.

此刻阴唇已经几乎完全的缝在一起了，排除多余淤血体液的管子和Foley导管从顶端冒出来。

To get the business done, I suggest we split the difference in price.

为了做成这笔生意，我建议我们在价格上大家各让一半。