欺诈发行私募债券行为的刑法适用

发布时间：2018-06-07 15:56

  本文选题：私募债券 + 欺诈发行　； 参考：《人民检察》2017年05期

【摘要】：私募债券与公募债券在发行方式、发行对象、发行条件、转让方式等方面存在明显区别,信息披露对投资者利益保护至关重要。将刑法第一百六十条适用于欺诈发行私募债券行为,没有超出该条文的文义范围,符合设立该罪名的立法目的。对情节严重的欺诈发行私募债券行为,应当依法追究刑事责任。同时,应充分考虑私募债券发行的特点,综合判断欺诈发行行为对投资决策者的影响程度和社会危害程度等因素,设定与欺诈发行公募债券相区别的立案追诉标准,使对两者的刑事处罚具有相当性。
[Abstract]:There are obvious differences between private bond and public offering bond in the way of issuing, the object of issue, the condition of issue, the way of transfer, and so on. Information disclosure is very important to the protection of investors' interests. The application of Section 160 of the Criminal Code to the fraudulent issuance of private equity bonds does not exceed the scope of the provision and is in line with the legislative purpose of establishing the offence. In case of serious fraud in issuing private equity bonds, criminal liability shall be investigated according to law. At the same time, we should fully consider the characteristics of private equity bond issuance, comprehensively judge the influence of fraudulent issuance behavior on investment decision makers and social harm degree, and set up the standard of filing and prosecution, which is different from fraudulent issuance of public bonds. So that the two criminal penalties are comparable.
【作者单位】： 清华大学法学院;
【分类号】：D924.3
，

本文编号：1991750