证券投资顾问利用其对证券市场的专业分析能力,吸收各种相关信息,为客户提供投资顾问服务,是有效证券市场构建中不可或缺的重要环节。为保护投资者,各国往往都对证券投资顾问业务予以监管。然而,由于证券投资顾问业务往往表现为言辞表述或者观点表达,对其的监管很可能干涉宪法明确保障的公民言论自由之权利,不能不格外慎重。 Securities investment consultants to use its expertise in the securities market analysis, to absorb all kinds of relevant information, to provide investment advisory services to customers, is an essential and effective securities market an important part of the building. To protect investors, countries often supervise the securities investment advisory business. However, since the securities investment advisory business often shows rhetoric or opinion expression, its regulation is likely to interfere with the constitutionally guaranteed right of citizens to freedom of speech and can not but be particularly cautious.