Foreign Securities Insider Trading Legal Mechanism Of Prevention

The securities market is a market vary from minute to minute, is also a full of information market. In the market, with the relevant information of a securities who first time, also is to have the money and wealth. Therefore, from the entire investment history, whether individuals or groups, have been trying to find investors do not know the information, and to seek benefits. So, undisclosed information listing Corporation, has become the hottest thing in the securities market. Some people use it for some illegal stock speculation, namely the insider trading behavior.Insider trading is very complex, according to the main behavior of insider trading, scholars have summed up as:insider or other illegal obtained insider information personnel, in order to obtain the benefits or reduce loss, or by hand to suggest others or disclose the insider information, make others related to the issuance of securities, trading with this information activities, and profit.The insider trading on the stock market is a kind of common crime. The major information undisclosed mastered and engage in securities trading, to obtain illegal interests, this kind of behavior is easy, and relatively strong concealment. Coupled with the insider trading means complex, so it is the most frequent violations of securities. Again, foreign securities market compared with the domestic securities market, has a unique feature, scope and problems and more, must therefore solve for foreign securities market, insider trading, maintain market fairness, ensure justice and the effective implementation of the law.Maintain fair, open and fair, is the basic value of law. Although said, every person entering the market will not be one hundred percent able to obtain benefits, but at least to ensure that every person entering the market have equal rights, no one want to have what others have no privileges. Therefore the law to avoid the occurrence of insider trading, strengthen supervision, and will impose harsh penalties for insider trading, strive to create a free and fair market environment, however, undeniably, some will have a certain amount of "a fish escaped through the Seine", but also to see the Chinese government and legislators from the efforts of legislation and regulation. With the development of reform and opening-up, China’s securities market has made great progress, but there are also a large number of problems, which are rife with insider trading phenomenon, affecting the stability of the market. China’s securities market started late, in the history of the location also has had some deviations, and insider trading behavior itself also has its unique characteristics, behavior of complex, hidden strong, and have a certain degree of difficulty, the division of responsibilities on the issue of compensation has not been determined, after the supervision of insider trading is not, plus foreign securities market and domestic securities market, the problem is more complex, therefore, this paper tries to study on China’s transnational securities insider trading, compared with other countries in international practice, and find out for China’s a set of prevention and punishment of specification, put forward suggestions for the current specification, tries to establish a more normative securities law system.