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Research On Legal Supervision Of Cross-border Securities Market Manipulation

Posted on:2020-06-08Degree:MasterType:Thesis
Country:ChinaCandidate:Y F LiuFull Text:PDF
GTID:2416330623954080Subject:Law
Abstract/Summary:PDF Full Text Request
Market manipulation behavior,that is,the manipulation of price manipulation in the securities market,also known as manipulating the stock market or manipulating the stock price,is related to insider trading behavior and false statement behavior and is called market abuse.It is the three major securities violations under the key sanctions of the securities legal system.Among them,the market manipulation behavior is extremely destructive to the securities market,which not only undermines the integrity of the market,but also combats market confidence and shakes the fairness of the market.Countries and regions around the world have been monitoring,preventing and cracking down on market manipulation.In the past ten years,market trading instruments have undergone tremendous changes,and market manipulation has taken on new forms and means have continued to develop.With the acceleration of globalization,more and more securities markets have begun to interconnect,and more and more market manipulations have shifted from domestic market manipulation to cross-border market manipulation,which has brought unprecedentedchallenges to the regulation of market manipulation behavior.Issues with important research value.The first chapter discusses the regulation of market manipulation from the perspective of market integrity.This chapter is divided into two sections.The first section introduces the importance of market integrity to the securities market,including the study of market integrity theory and the exploration of market blue.There are two aspects to the connection of market integrity.The second section introduces the basic theory of securities market manipulation,namely the definition,essence and basic components of market manipulation.The second chapter is the new changes and influences of the securities market.This chapter is divided into two sections.The first section analyzes the changes in the securities market from a global perspective.The article analyzes the problem from five aspects: changes in exchanges,changes in trading mechanisms,and changes in trading entities.The second section introduces the impact of new changes in the securities market.Specifically,it introduces the impact of changes on market integrity and the impact on regulators.The third chapter is China's cross-border manipulation behavior.This chapter is divided into two sections.The first section analyzes the behavior of cross-border markets under the trend of internationalization of China's securities market.This section begins with a brief introduction to the internationalization of the securities market in the previous chapter,and focuses on the internationalization of China's securities market,the Shanghai-Hong Kong Stock Connect mechanism,and finally acase study of the cross-border market manipulation behavior under the Shanghai-Hong Kong Stock Connect mechanism.The second section analyzes the loopholes in the supervision of market manipulation in China's existing legal system.From the macro aspect,the defects of China's market manipulation behavior supervision legislation,and the microscopic aspects of the cross-border market manipulation behavior supervision under the Shanghai-Hong Kong Stock Connect mechanism,the analysis of the problem forces,refers to the existence of defects.The fourth chapter is the enlightenment of the investigation of the manipulation of foreign cross-border securities market.This chapter is divided into two sections.Through the analysis of the investigation direction and investigation methods of foreign cross-border manipulation behaviors,it brings inspiration to China's cross-border market manipulation behavior.The first section of this chapter undertakes the second chapter,and analyzes the direction of supervision of new problems emerging in the new changes in the securities market by foreign regulators.It mainly introduces foreign stratification and deception of foreign traders and high Experience in frequency behavior surveys.The second section introduces the investigation methods of the cross-border securities market,namely the market surveillance system,the suspicious transaction reporting system and the complaint reporting system,which provide direction for the investigation of China's securities market.At the end of this paper,the conclusions and recommendations are introduced from the perspectives of legislation,supervision,multi-sectoral linkage andinvestigation innovation to introduce the legal supervision of China's cross-border market manipulation,with a view to providing suggestions for the improvement of legislative enforcement in relevant fields in China.
Keywords/Search Tags:cross-border market manipulation, Shanghai-Hong Kong Stock Connect, legal regulation
PDF Full Text Request
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