本文比较分析了美国、英国、德国、法国、日本和我国香港地区依法授予其证券监管机构规则制定权的相关情况,认为具有法律授权的明确性、授权后具有制约机制、证券监管机构与自律组织之间共享规则制定权三个共同特征,进而分析了我国证券监管机构的规则制定权授予存在的问题,提出进一步明确证券监管机构的法律地位、规范规则制定程序、合理划分证券监管机构和自律组织规则制定权的界限等建议,力图促进我国证券监管机构规则制定权的授予更加科学、有序、规范。 This article comparatively analyzes the relevant situations in which the rules of the regulatory authority of the United States, the United Kingdom, Germany, France, Japan and Hong Kong are granted to its securities regulatory authorities in accordance with the law in the United States. It considers that it has the clarity of legal authorization, has the restrictive mechanism after authorization, and the securities regulatory authorities and self-regulatory organizations Share the rule making power among the three common characteristics, and then analyze the problem of the right of making the rules making right of the securities regulatory authority in our country. We put forward that we should further clarify the legal status of the securities regulatory body, standardize the rules making process, divide the securities regulatory body and self-discipline organization rationally The rules of the right to make decisions such as the boundaries, trying to promote China’s securities regulatory authority to grant more scientific, orderly and standardized.