Economic Analysis Of Insider Trading Forbiddance System In The Securities Law

As a kind of illegal phenomenon ,the inside trading endangers the long-term, healthy,steady development of security market. At present,the countries all over the world have been forbidding the inside trading and taking all sorts of measures. With the setting-up and the perfection of the security market in our country,the inside trading violation and criminal offence have already become a phenomenon that can't be ignored,and the discussion of carrying out a legal structure about the inside trading activity becomes the law circles' focus progressively. At present,our country already issues a series of laws and regulations successively,legislature, administration and judicial authority take the corresponding measures to inside trading activity separately. Under this background, the strengthening of legal research about the inside trade's structure of security market has great,realistic meanings. This paper attempts to analyze the current situation of insider trading in securities markets of China and to supply some legislative solutions to this problem while learning from those approaches practiced in the mature securities markets.This paper consists of four parts.Part one deals with the concept of insider trading, what constitutes an insider trading, and lists the baleful effects of insider trading. A brief analysis of the insider trading specified in the US'and other countries'legislation and regulations is offered before analyzing the insider trading specified in China's legislation and regulation. Then describing its three components: inside...