Insider Trading Legal Regulation

After has had been through repeatedly several year endless bear markets, Chinese Stock market welcomed the unusual bull market, all the people has fried the stock to become a fashion topic, but lingered in Chinese negotiable securities some dark clouds has not had the dissipation because of the bull market arrival, the opposite operation market, the contrary connection transaction, the major stockholder to the young shareholder' s cheat, the insider dealing and so on also paced back and forth in the China stock market sky, in this all sorts of illegal activities, compared with was worth studying is the insider dealing.How means has effect the behavior controlling bond insider dealing , has important reality and theory meaning by the law. Some countries in the world to reinforce supervision and control of bond market at present mostly by working out the strict bond laws and statutes. Our country is confronted with a lot of difficult problems among ,《the Chinese People republic bond law》promulgating in 1998 , being amended in 2004 to study and judicial practice of excessively abstract , simple , feasible theory of inside story business regulation. Chinese bond market high speed develops but , requires that the legal system mating with that supplies; But legal system supplying, the theory needing to mate with that props up. For this purpose, the author uses in passing on the basis that the prehominid studies.Part I is to insider trading investigation and discussion , is big faction having introduced abroad' s two about insider dealing mainly , approves of the insider trading school viewpoint and the viewpoint opposing insider trading school; Bring forward self viewpoint and then , carry out the analysis on economics , on science of law on the person. Part II is the rationale forbidding insider trading to trade, Part II is the rationale forbidding insider trading to trade , emphasize the valuation introducing that several scholars have a shortcoming to be in progress in the homeland to inside story information definition , and the key element carries out analysis on insider trading, now that inside story personnel , inside story information, insider trading behavior has given attention to again be analysing , be checking especially the inside story personnel and inside story information then one by one to this three key elements. And Part III our country bond market inside story business current situation , setting about complying with unique our country "Policy Bond " first, system has analysed and then deficiency mounting existence in our country bond market , the government has been in the field of the stock market adjustment very difficult to arrive at a place accurately, phenomenon having formed the government of our country only inside story people' s in such circumstances, demonstration studies , suras up out several characteristic of our country inside story business by the fact that the inside story during the past 17 trades to our country bond market. Part IV is that perfect our country law gauge to inside story business makes , the characteristic specifically for our country inside story trades brings forward practical feasible several method.