注册制与核准制相结合，是现代各国证券发行监管的一种趋势。
The combination of the registered system and the authorized system are the trend of the supervision on the securities market.
本文在导论部分首先介绍了证券、证券市场、证券发行及发行监管四个基本概念，为本文论题的展开作了铺垫性介绍。
The supervision of negotiable securities issue, the first strobe of the stock market, will directly affect the development and stability of the negotiable securities trading market.
这项规定的结果是，对冲基金活动以及基金的发行和运作费用将受到更严的监管。
As a result of this regulation, oversight of hedge-fund activities will be greater, as will the cost of launching and operating a fund.
去年12月，监管层对新发行的开放式基金设立了上限，但是在2月份的大跌后上限被取消。
The issuance of new mutual-fund shares was capped in December, but the restrictions ended when share prices dropped in February.
依据美国多数州都遵循的《统一尸体捐赠法》，监管你尸体用途的最好办法是使用所在州发行的器官捐赠卡。
Under the Uniform Anatomical Gift Act, which most states have adopted, the best way to direct the use of your remains is by using a state-issued organ-donor card.
考虑到我们刚刚经历过的市场动荡，而且许多市场参与者(投资者、债券发行者与监管者)都曾经问过这个问题，我不得不说这是个合情合理的问题。
It's a fair question, considering the market turmoil we have experienced, and many market participants - investors, bond issuers and regulators - have asked it.
其发行当天股价从90taka涨到368 taka，并引来了监管者的调查。
Its share price surged from 90 taka to 368 taka on its debut, prompting an inquiry by the regulator.
欧洲央行仍旧在严密的监管下：欧洲央行（ECB）出于市场震荡而发行总额为4420亿欧元的一年期贷款将在本周到期。
Europe’s banks remain under close scrutiny: the expiry this week of euro 442 billion in one-year loans from the European Central Bank to banks caused market wobbles.
借鉴股票的发行、流通、监管程序，提出排污权交易的层级市场结构理论，并据此对排污权交易进行了系统的研究。
The research establishes a differential market theory of exchange of permits of pollution according to the issue, circulation and regulation of stock.
哥伦比亚国会也允许监管机构发行自己的会计准则，以帮助他们执行自己的工作(“管辖权”会计标准更新，2010)。
The Colombian Congress also allowed regulatory agencies to issue their own accounting standards to help them perform their jobs (" accounting standards Update by Jurisdiction ", 2010).
欧洲和美国的监管机构也可能迫使这些证券创设者持有发行资产价值5%的比例。
Regulators in Europe and America may also oblige the creators of these securities to hold on to 5% of the value of the assets they distribute to others.
通过对证券发行市场、交易市场、中介服务市场存在的损害行为进行分析和归类，以为证券市场监管合理边界的确定提供理论依据。
Through analyzing and categorizing of damage action within stock issue, exchange and intermediary markets, theory foundations that determine the boundary of administrative control are provided.
根据证券市场本身的层次，文章构建了一级发行市场中的寻租合谋监管博弈模型和二级交易市场中的混合策略监管博弈模型。
By considering the structure of the security market, the game model of seeking-rent supervision for the publishing market and the model of mixed strategies for the trading are designed.
第二部分则界定了相关的概念、为后文的展开奠定理论基础、并阐述了对证券私募发行进行监管的法律价值和经济学意义。
The second chapter defines the relevant concepts, provides a theoretical foundation for the following content, and states the value of law and economy of regulation of the private placement.
第二，发行地所在国对发行国际证券的监管。
The second is the supervision regulations of the country which the issuing action taken place.
因此要确保系统正常运作，清算和赎回方面的监管及监测系统必不可少，因为它们可以防范过量发行。
Therefore, regulations and monitoring system on clearing and redemption may be necessary for smooth operation as they provide a safeguard against over-issuance.
今年六月，中国的住房和贷款监管机构和中央银行发行的一份文件说，银行在评估抵押贷款申请时，必须确定有多少申请人已经拥有了住房。
In June, China's housing and lending regulators and the central bank issued a document saying that Banks, in assessing mortgage applications, must determine how many homes the applicant already owns.
除了这些管理问题以外，基金行业还面对着一个对新进入者和新基金发行变得更为谨慎的监管机构。
On top of these management issues, the industry also faces a regulator that has become more cautious about new entrants and new fund launches.
此外，加强对股票发行市场的信息监管，也是保证上市公司质量从而防范二级市场风险的关键。
Moreover, strengthening the supervisal of the information in the IPO market is also an important way to guarantee the quality of the listed company and to keep away the risk of secondary market.
我国的发行人、投资人、中介机构以及监管机构对该产品都相对陌生。
The issuer, investor, agency institution and the regulators of our country are all unfamiliar with this financial tool correspondingly.
这就需要开展相关法规教育，对中介、发行者、投资者进行监管和激励。
This will require facilitating educational programs, regulations and incentives for Intermediaries, Issuers and Investors.
事实上，IPO抑价也是一直困扰市场监管者的一个实际课题，频繁的发行制度变迁足以说明这一点。
Actually, IPO under-pricing also remains a practical problem that plagues market supervisors, frequent issue regulation change may be a good evidence for this.
最后分别从发行者和监管者的角度提出了相应的建议。
Finally, some corresponding recommendations are given from the issuer's and monitor's point of view.
最后分别从发行者和监管者的角度提出了相应的建议。
Finally, some corresponding recommendations are given from the issuer's and monitor's point of view.
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