Research On The Liability For Market Manipulation

Capital market is a market ultimately prompted by confidence. It established for investors and they are the real God of the stock market, so it should treat investors and shareholders as the core. It is based on the deeply understand for the significance of protecting investors that to protect investors' benefits has become the direct and material purpose of Securities Exchange Act. The countries and areas whose securities law is developed all put the principle to protect investors onto a very important place and aboratively made detail provisions to be carried into execution .China is a developing country, and the stock market is a rising capital market which is in a initial stage compared with the developed countries. The function of it is incomplete and there are full of market manipulation. The market would be growing as long as the cancer is to be wiped out. Presently, the regulators and the judicial system have been inquiring and punishing such behaviors which have played a important role in prompting the market developed healthily. However, it is not so easy to supervise, punish and prevent manipulation and the deep limitation of the system and law lead to unclear and insufficiency realize on the nature and harm of the behaviors, which influenced the availably caring on of supervision. "Acts of market manipulation legal responsibility" to manipulate the market to text a responsibility to conduct research targeted acts of market manipulation from the legal definition of the concept began to manipulate the market for the main types of acts, and against the elements discussed, the United States, Japan and other countries of the Acts of market manipulation laws, acts of market manipulation of our legal system and analysis of the current situation and other issues have been studied. The article went on from the civil, criminal, administrative point of view on the respective acts of market manipulation in the form of legal liability, combined with our system of responsibility for the status quo, from civil liability for acts of market manipulation to improve and strengthen mechanisms to manipulate the market for the acts of administrative regulation and criminal regulation of the two Made to build our system of responsibility for acts of market manipulation.