《规定》的背景和起草经过近年来,针对上海证券交易所(以下简称上交所)和深圳证券交易所(以下简称深交所)的行政、民事等各类证券诉讼案件不断增加,两交易所为应诉工作付出了大量的精力、时间和财力,虽然有不少案件获得了胜诉,但同时也带来了负面的社会影响,给交易所正常的证券交易组织、管理活动造成了相当的负担和妨碍,在一定程度上牵制和影响了交易所一线监管的决策与实施。作为证券市场的组织者和一线监管者,证券交易所处于市场矛盾的中心,随时面临着潜在的诉讼风险。由于证券交易所地位的敏感性,此类诉讼事关我国证券市场的形象,一旦处理不当,就可 Background and drafting of the “Regulations” In recent years, the number of administrative and civil securities lawsuits against the Shanghai Stock Exchange (SSE) and the Shenzhen Stock Exchange (hereinafter referred to as the Shenzhen Stock Exchange) has been on the rise. The two exchanges should act accordingly The vocal work has paid a great deal of energy, time and financial resources. Although many cases have been victorious, it has also brought about negative social impacts, posing a considerable burden and hindrance to the normal securities trading organization and management activities of the Exchange , To a certain extent, contain and influence the decision-making and implementation of the first-line supervision of the Exchange. As the securities market organizer and first-line regulator, the stock exchange is in the center of market conflicts and is always facing potential litigation risk. Due to the sensitivity of the stock exchange status, such litigation is related to the image of China’s securities market. Once handled properly,