Research On The Legal Issues Of Insider Trading Regulation In China's Securities Market

Insider trading in the securities market is the person who gets the insider information of the listing Corporation through special channels, and makes the investment behavior of the securities trading in order to obtain the profits before the insider information is transformed into the public information. This is research on China's securities market insider trading regulation legal issues, the use of behavior analysis and empirical analysis of two methods of China's securities market supervision system of insider trading are analyzed to illustrate the current situation and existing problems of insider trading in China, and by reference to foreign mature market experience, on China's insider trading regulation suggestions put forward.The first chapter: introduction. The paper discusses the background, significance and innovation of this article.The second chapter: summary of insider trading in securities market. Firstly, the definition of insider trading in China's securities market and the elements of insider trading are described. Secondly, according to the insider trading behavior of different characteristics and illegal plot, in violation of the legal regulations, combined with China's actual situation, elaborated our country stock market through legislation to punish insider trading violations of the law responsibility.The third chapter: analysis of the characteristics and causes of insider trading in China's securities market. First of all, the characteristics of insider trading in our country are introduced. Secondly, based on the combination of the characteristics of insider trading and analysis of the basic reason for the existence of insider trading, on insider trading disturbed the order of securities transaction market, impact on the underlying stock volatility and investor interests will also increase the listed companies financing cost and operation of wind insurance.The fourth chapter: the present situation of legal supervision system of insider trading in securities market in China and the existing problems. First of all, from the construction and development of the legal system, introduces the status quo of legal supervision system of insider trading. Secondly, through the three aspects of the exposition, focusing on the problem of insider trading regulation legal system.The fifth chapter: the legal system of insider trading in foreign securities market. First of all, through the comparative law of insider trading in advance prevention system, respectively, from the insider trading and insider information point of view, this paper expounds the prevention system of insider trading regulation. Secondly, through an example of insider trading in the regulatory system, covering the authority of the specialized agencies, the supervision of self regulatory organizations, social supervision of the public and the market's technical supervision and other content. In the end, the paper expounds the reference value of the legal system of insider trading and the legal system of foreign supervision and legal system for the whole process supervision of the securities market in China.The sixth chapter: the construction of insider trading regulation of securities market in China. In this chapter, aiming at the problems of insider trading regulation in the fourth chapter, and insider trading from the elements and legal liability of the insider trading, and the whole of insider trading regulation legal system perfect put forward reasonable legal advice, and effectively strengthen the supervision of the securities market and investment protection legal rights and interests.Therefore, study legal problems of China's securities market regulation on insider trading, is conducive to the legitimate rights and interests of the protection of investors, enhance the resource allocation function of securities market, in strengthening supervision and regulation of the securities market efficiency, have extremely important significance.