Study Of Civil Liability Regime In Insider Trading

With the rapid development of stock market, illegal activities also simultaneously involves aside. Not only has it caused heavy impairment to the investors’confidence to the market, but also threatened the future development of the stock market. Among the recent years, the number of insider trading case had been dramatically increased. The reason why "rat trading" could not be fully eradicated is because of the lack of the related legal system. To the aim of better govern these activities, the establishment of such system is one of the most fundamental and practical method.To this background, this thesis, by analyzing the concept of the insider trading, the elements that of the civil liability in insider trade and the criterion of liability, had summarized the insufficiencies and defects in the related law. On the guard of the foreign laws in this area, I had also provided some suggestions to the improvement of the civil liability regime in insider trade; including the confirmation of the scope of the claimants to the compensation, apply a both principle and enumerative law to rule on insider, the basic standard of the affirm of detrimental compensation, the improvement of the civil lawsuit system in insider trade and the pursuit of the establishment of the related law and so on. Through this thesis, hoping to offer a degree of help to the complete of the civil liability regime in insider trading.