The Crime Investigation Research Of Manipulating Stock Market Under The Leverage Trading

In July 2014,as China's stock market began a new round of bull market.The leverage fund in the bull market,which is characterized by the intervention of leverage fund is ubiquitous.Under the investor's longing for interests,it flood to stock market in OTC allocation forms such as securities trader shorting and margin financing,umbrella trust and illegal banks,promoting the market volume increased sharply in a short term.Stock index rose 150% in just one year due to the hyberactiveness,such a big scale and fast speed is very rare in the history.The stock have undergone 20 year of development in our country,yet there's still many shortads in mechanism system and supervision experience,which provide opportunities for criminals to manipulate the security market.High risks,high income and high speculatives----these characteristic of security market can be the rapid rise and fall of share prices if directly reflect on stock.Criminals use their advantages in information and share based on huge amount of money they gained through levenage to affect security trading volumes,using the method of consecutive trading,entrusting each other and taping operations,etc,and thus cause an unreasonable rapid rise or fall in share prices.So they can induce other investors to make a wrong judgement and then sell the stocks in and out irrationally and then reach the goal of manipacate stock price and profits.As the backbone of hitting economic crime,the investigation department of public security organs should keep pace with the time,basing on case clues such as fathering the study of the rules,channels and capital source that lead the leverage fund get into market.Combining previous methods and rules that used to deal with generic case of the security market manipulation,basing on the big data,concerning the characteristics of the case,strengthen involved evidences and pay attention to the exertion of secret investigation forces when necessary.Creating index to analyze template.In addition,due to the more specialized tech of leverage fund,the investigation department of pubic security organ should strengthen their study of professional qualities and closely collaborate with relevant departments during the handling process of the case.Strengthen the communication with professionals in security and financial field.Establishing long-term cooperation mechanism in the form of building expert information bank to realize the joint strike under the circumstances of sharing talents,information and resources.