目前我国中小企业和民营企业的融资问题一直极大困扰着这些企业的发展。由于企业规模、信用、资金等问题,往往无法借助银行、公开发行证券等传统方式进行融资。作为与公募发行相对应的证券私募发行,能够在资本市场中作为公募发行的有力补充,满足不同的投资和融资需求。我国证券私募制度尚处于发展阶段,本文试就建立与完善我国证券私募法律制度提出建议。 At present, the financing of SMEs and private-owned enterprises in our country has always plagued the development of these enterprises. Due to the scale of enterprises, credit, funds and other issues, often can not use banks, public offering of securities and other traditional ways of financing. As a private placement of securities corresponding to public offering, it can be a powerful complement to public offering in the capital market to meet different investment and financing needs. China’s securities private placement system is still in the development stage, this article tries to establish and improve our private equity securities system to make recommendations.