内容摘要：新三板，是全国中小企业股份转让系统的简称。它与我们常说主板市场等场内交易市场不同，是一个场外交易市场。信息披露是证券交易市场中必不可少的.它对市场的有效性、投资者作出投资推断,都有很大影响.美国、英国等发达国家的场外交易市场，给我们的新三板信息披露制度建设,提供了很多可借鉴的经验。例如行业自律监管、自愿披露原则等.国内学学界也认为，我国新三板的信息披露建设还需进一步加强。新三板目前还处在着信息披露不法律规范、不及时和对违规行为处罚力度不大的问题.本文认为，新三板的公司、行业、制度等各个层面，都应该在信息披露建设上作进一步的改进。关键词：新三板 信息披露 市场监管 国外经验Abstract： New OTC Market, is the National SME share transfer system。 It is often said that the main board market and other floor trading market is different, is an OTC market 。 The New OTC Market is the initiative to promote the construction of relevant government agencies, as a supplement to the motherboard market. Information disclosure is essential in the securities market。 It has a great impact on the effectiveness of the market, investors make investment judgments。 The United States, Britain and other developed countries OTC market ， to our New OTC Market information disclosure system, provides a lot of experience can learn from。 Such as industry self—regulation, voluntary disclosure principles。 Domestic academic circles also believe that China's New OTC Market information disclosure needs to be further strengthened. The New OTC Market is still in the information disclosure is not standardized， not timely and penalties for violations of the problem is not large 。 This paper argues that the New OTC Market companies， industries, institutions and other aspects, should be made in the information disclosure of the further improvement。 Key words ： New OTC Market information disclosure market reg...
