论文部分内容阅读
美国证券私募发行法律规范的核心和本源,在于注册豁免。私募发行凭借六方面的优势,在美国证券市场中占有重要地位,且有超过公募之势。高度均衡的制度建设,促成了发达的私募证券市场。
The core and origin of the legal norms of private placement in the United States lie in the exemption from registration. With the advantages of six aspects, private placement occupies an important position in the U.S. securities market and surpasses the public offering. A highly balanced system of construction, contributed to the development of private equity securities market.