The methods and the efficiency measurement of entry and exit regulations in securities industry

摘要

The selection of methods of entry and exit regulations in securities industry has a close connection with the efficiency of regulations, that is, whether the methods can fulfill the objectives of entry and exit regulations with the least costs. The methods of entry regulations mainly include authorized system and registered system, the exit methods can be divided into active exits and passive exits. The efficiency of entry and exit regulations in securities industry can be judged by cost-benefit analysis.