Research On Government Regulation Of Insider Trading In Securities Market

At present,China’s securities market is in a stage of rapid development,which has made an important contribution to the national economic growth.However,insider trading in the securities market occurs from time to time,and shows the characteristics of complexity and diversity,which has brought extremely bad impact on the healthy and orderly development of the securities market and seriously hindered the decisive role of the market in the allocation of resources.Throughout the insider trading cases,there are not only the staff of state organs,but also the staff of China Securities Regulatory Commission,senior executives of listed companies and securities practitioners.The frequent occurrence of insider trading cases is related to the imperfection of the current regulatory mechanism of China’s securities market.Compared with western countries,China’s securities market has been developing for a short time,and the regulatory system is not perfect,which leads to low regulatory efficiency.Therefore,increasing government supervision is of great significance to maintain the healthy and orderly development of the securities market.In this study,the author first introduces the background and significance of this study,research content and methods,and points out the innovation and shortcomings of this study;secondly,the core concepts and theoretical basis involved in this study are explained in detail,such as insider trading,securities market supervision,principal-agent theory,regulatory capture theory,etc.,so as to lay a solid theoretical foundation for the smooth progress of this study Thirdly,it introduces the current situation of insider trading in China’s securities market,and expounds the current regulatory mode of China’s securities market in detail;in addition,through the analysis of the cases of insider trading in China’s securities market in recent years,it finds out the problems existing in the government regulation of insider trading,and deeply analyzes the causes of the problems;finally,it makes clear the regulatory subject and improves the supervision This paper puts forward the path choice of optimizing the government supervision of insider trading in the securities market from four aspects: mechanism,rich supervision means and cultural cultivation..