证券监督管理机构应当是证券市场健康发展的守护者。但是在我国,证券监督管理机构仍存在同证券市场发展不相适应的情况,因此,有必要对我国证券监督管理机构的性质和运行机制进行更为深入的研究。本文首先通过分析各国证券市场监管体制发展的新趋势与因应,然后从我国证券市场监督管理部门在法律定位、职责权力、监管措施、执法体制、资本协作及跨境监管等方面存在的问题出发,吸收其他资本市场发达国家的证券监管经验,对我国未来证券监督管理机关的改革提出合理化建议。 Securities regulatory agencies should be the guardians of the sound development of the securities market. However, in our country, the securities regulatory agencies still do not adapt to the development of the securities market. Therefore, it is necessary to conduct a more in-depth study on the nature and operating mechanism of China’s securities regulatory agencies. Based on the analysis of the new trends and responses in the development of the securities regulatory regimes in various countries, this paper starts with the problems that the securities regulatory agencies in our country face in terms of legal orientation, responsibilities and powers, regulatory measures, law enforcement systems, capital coordination and cross- Absorb the securities regulatory experience of developed countries in other capital markets and put forward reasonable suggestions on the reform of China’s securities regulatory authority in the future.