我国证券智能投顾运营商市场准入制度的构建  

Construction of Market Access System for Security Robo-advisor in China

作　　者：袁淼英 YUAN Miao-ying(Law School,Beihang University,Beijing 100191,China)

机构地区：[1]北京航空航天大学法学院,北京100089

出　　处：《西南政法大学学报》2018年第3期56-64,共9页Journal of Southwest University of Political Science and Law

摘　　要：证券智能投顾实现了人工智能技术在证券投资咨询行业的应用。为了有效抑制证券智能投顾风险,我国有必要强化准入监管,构建起证券智能投顾运营商市场准入制度。当前,在准入监管中存在适用对象模糊、业务范围违规、监管主体缺位等问题。基于此,首先,应当将证券智能投顾的运营商确定为证券智能投顾市场准入制度的适用对象;其次,应当将证券智能投顾的业务范围限制在证券投资咨询业务的范围内,禁止全权委托;最后,应当明确证券监督管理机构为监管主体,并以证券投资顾问的注意义务和忠实义务为蓝本,对证券智能投顾运营商的准入提出系统专业性和目标单纯性的要求。Security robo-advisor realized the application of artificial intelligence technology in the securities investment consulting. In order to effectively restrain the risk of security robo-advisor,it is necessary for China to strengthen access supervision and establish a market access system for operators of security robo-advisor.Currently,the supervision on security robo-advisor remains problems of obscured applicable objects,illegal business scope and lack of supervision subject. Based on this,first of all,the operator of security robo-advisor should be determined as the applicable object of the market access system for securities intelligence investment advice; secondly,the business scope of securities intelligence consulting should be limited to the scope of the securities investment consulting business; thirdly,the institution of supervision and management should be recognized as the supervision subject and request operators of security robo-advisors to fulfill the requirement of expertise in system and purity of goal,basing on the duty of care and the duty of loyalty of security investment consultants.

关 键 词：证券智能投顾 人工智能 市场准入 运营商 

分 类 号：F832.51[经济管理—金融学]