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从证券市场诞生开始,政府的监管重点放在了维护整个市场的秩序,促成其良性运行和发展,因此重在培育。固定的佣金制在当时是具有合理性的,当市场发展到一定阶段,取消固定佣金制的佣金制度改革是将竞争规则引入证券市场的一个序曲,预示着这个行业的培育期要尽快结束,市场的作用被进一步强调。作者认为这同时也是一个重新管理的过程,在这种重新管理的理念下,政府将监管定位在“自由市场原则”,主要目标是消除进入和退出的障碍,消除反竞争行为,整平竞技场所。
From the birth of the stock market, the government's supervision has focused on maintaining the order of the entire market and contributing to its sound operation and development. Therefore, it focuses on nurturing. The fixed commission system was reasonable at the time. When the market reached a certain stage, the reform of the commission system, which abolished the fixed commission system, was a prelude to the introduction of competition rules into the securities market, which indicated that the cultivation period of the industry should be completed as soon as possible. The market The role is further emphasized. The author believes this is also a process of re-management. Under this concept of re-management, the government has placed its supervision on the “principle of free market” with the main objectives of eliminating barriers to entry and exit, eliminating anti-competitive behavior and leveling out the arena .