日前承蒙看得起,有学者请俺帮翻译一下最新大作之摘要.现已完成,在这里晒一下,欢迎拍砖斧正:)

随着经济的金融化、国际化的不断发展，资本市场，特别是与证券市场已经成为完善的市场体系不可或缺的重要组成部分。从一定意义上说，一个强大的资本市场比一个强大的银行体系更重要。可见，资本市场在一国的国民经济发展中占有极其重要的地位。而证券市场作为资本市场的重要组成部分，其在一国经济发展中占有的地位也是举足轻重的。从整个金融发展与经济发展的角度来看，证券市场的积极作用是不容置疑的。

Along with the continuous development of the economic financialization and internationalization, capital market, especially securities market has turned out to be a main and indispensably part of a perfect market system. To some extent, a powerful capital market is more important than a powerful banking system. So capital market plays a crucial role in the economic development of a country. As an important part of capital market, securities market also plays a key role in the economic development of a country. The activity of securities market, in terms of overall financial and economic development, is unassailable.

我国的证券市场经过十几年的风风雨雨，取得了很大的成绩，在优化资源配置、推动国有企业改革、经济发展方面发挥了非常重要的作用。但是，随着证券市场的发展也暴露出了许多问题，证券公司的风险集中爆发。为了证券市场的更好发展，国务院同意国务院证券监督管理机构（目前，我国国务院证券监督管理机构是中国证券监督管理委员会，以下简称“中国证监会”）对证券公司进行综合治理，证券公司的风险处置是综合治理工作的重要内容，这项工作在我国是一项开拓性的工作。

China’s securities market has great achievements by overcoming frequent difficulties for over a decade, and plays key roles in terms of resource allocation optimizing, state-owned enterprise reform promoting, as well as the overall economical developing. But the security market development also results in many problems, for instance, the risk of securities companies were breaking out intensively. In order to maintain the better development of the security market, the State Council approved China Securities Regulatory Commission (at present, the regulatory administration under the State Council is China Securities Regulatory Commission, hereinafter refers as CSRC) to consolidate and control this situation, and the risk disposition is the main issue of this work, which is supposed to be a pathbreaking step in China.

在对证券公司的风险处置工作中，中国证监会经过不断的探索、总结和提高，形成了一系列的制度。通过对证券公司的风险处置并加强监管，控制了市场风险蔓延，使得股票市场理性回规、证券市场复苏，促进了证券市场的健康发展。那么我国证券公司风险处置是在什么情况下展开的？法律依据是什么？具体工作如何开展？风险如何防范与控制？工作开展至今有什么经验和成绩、又存在什么问题？带着这些疑问，笔者对证券公司的风险处置工作进行了比较系统的调查研究。

During the risk disposition, by continuous study, conclusion, and improvement, CSRC have worked out series of regulations. By risk disposition and enhanced supervision over securities companies, the market risk spread was controlled, the stock market was turned back to a rational situation, and the recovery of stock market soundly promoted the development of securities market. At present, the prevailing questions over China’s securities companies risk disposition are: On what conditions are this work of risk disposition begins? What’s the juristic basis? How it operates? How to prevent and control the risk? Are there any experiences, achievements, or problems about this issue up to now? Urged by these questions, I have made a systematic investigation and study over the risk disposition issues of securities companies.