"Short-term Trading" Classified Institutions

The so-called " insider trading " is the listing Corporation’s directors, supervisors and senior management or major shareholders, in violation of the provisions of laws, engaged in buying, selling, buying or selling stocks of the company to act in a certain period of time." Short-term trading " in the system, is the law behavior of people engaged in the profits should be included in the company of all. The fundamental purpose of this system is to prevent the listing Corporation’s internal people, through the position advantage of insider information in short-term trading. All the countries in the world have provisions on the classified system, China’s " Securities Law " are also involved in this regulation. Based on the " short-term trading " in the system as the research object, through the comparison and analysis of the other countries and regions system led by the United States, by comparison, text, such as reasoning are discussed on the related legal issues.According to the regulations of our country, analyzes the theory origin of short-term trading and history, and the requirements of specific system structure is expounded, and comparative analysis of China’s " insider trading " in the system and the plight of the aspects to be improved.