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A Case Analysis On Liu Mou Insider-trading

Posted on:2015-10-14Degree:MasterType:Thesis
Country:ChinaCandidate:J B ZhengFull Text:PDF
GTID:2296330467489814Subject:Law
Abstract/Summary:PDF Full Text Request
Along with the development of the securities in the financial market in China, access to insider information is more and more hidden, the main body of insider trading is becoming more and more widely, insider trading crime is increasing, the existing laws and regulations in front of the insider trading crime actually changing also appears the heart is unable to do. Insider trading crimes related to the growing emergence of new problems, cause the extensive concern of the academic circles, the controversy of insider trading crime has become the focus of current research. Jiangsu province in2009Liu Mou insider trading case information is a typical case of concern because of dispute. First of all, Liu Mou as state personnel to insider trading shall be investigated for criminal responsibility according to law, this is the first in our country. Liu Mou participate in gaochun company asset restructuring as a representative of the nanjing economic commission to discuss the event, involving little change in the company31.33%stake, belong to the involved in a major change in the ownership structure, to gaochun company stock price will produce major effect of the material, is a statutory insider information. Second, Liu Mou as national office working personnel to participate in the negotiation process, discuss both sides in talks about Liu Mou negotiation process, Liu Mou also repeatedly reported to the nanjing government to negotiate related situation, thus Liu Mou is because of the job duties access to insider information and insider information personnel with insider information. Moreover, after the Liu Mou know insider information, to instruct his wife Chen Mou the two families of the actual control of a few stock account and Liu Mou to earlier and Xue Mou borrowed heavily to buy shares and then sell, get a huge illegal profits. Finally, because of the particularity of the relationship between its on transactions using insider information to form the common subjective intent, and in fact the two together constitute the act of insider trading. Shall be regarded as a joint crime of insider trading.
Keywords/Search Tags:insider trading, insider information, personnel with insider trading, jointcrime
PDF Full Text Request
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