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新中国第一部证券法正式诞生了，这在我国社会主义证券法制建设进程中具有里程碑的意义。证券法是一部调整证券发行和交易行为的法律，是公司法的特别法或并行法，与公司法一样也具有私法和公法融合的特点，是调和自由与安全两种价值冲突的产物。从1929年国际经济大危机以来的
The first securities law of new China was formally born, which has a milestone significance in the process of building the legal system of socialist securities in our country. Securities Law is a law regulating securities issuance and trading. It is a special law or parallel law of company law. Like the corporate law, securities law also has the characteristics of integration of private law with public law. It is a product of reconciling the two values of freedom and security. Since the international economic crisis in 1929