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1 一般来说,一个行业(机构)的永续发展离不开有效的制度安排。作为证券监管的职责划分和权力划分的方式和组织制度,证券监管体制的有效性和规范性,是决定证券市场有序和稳定发展的重要基础。
1 In general, the sustainable development of an industry (institution) can not be separated from effective institutional arrangements. As an important part of the securities regulatory system, the division of duties, the division of powers, the organizational system and the effectiveness and standardization of the securities regulatory system are the important bases for determining the orderly and steady development of the securities market.