Theoretical Basis and Legal Analysis of Proportionate Joint Liability of Security False representation Disputes

The way that securities service institutions assume tort liability in false representation disputes is limited to joint by law. Considering the discretion principle of punishment according quantity institutions, proportionate appears judicial practice. liability, different from regulated other countries comparative field vision, still nature, which China mainly specified environmental disputes. It especially expressed as bearing cause force overlap section respective semi-superimposed majority people. According analogy, and share some similarities certain circumstances, conforms requirements enables apply an analogy manner. However, it necessary keep alert deficiencies liability. For tortfeasor needed bear final responsibility, define scope proportion requires further improve legislation technology.