论我国对证券内幕交易的法律规制
发布时间:2018-05-06 18:13
本文选题:证券 + 内幕交易 ; 参考:《内蒙古大学》2013年硕士论文
【摘要】:本文从证券市场内幕交易行为的概念、特征、基本构成、以及证券市场的形成发展过程出发,通过分析我国对内幕交易行为的立法和执法现状,发现对于打击内幕交易行为我国的立法具有明显的缺陷,与内幕交易有关的民事赔偿立法基本处于空白状态;对内幕交易行为的行政执法不尽如人意,存在效率低下,执法不严,证券监管部门缺乏社会公信力等问题;对内幕交易的刑事立法更是缺乏威慑力,起不到预防和打击内幕交易犯罪的效果。对比我国和美国以及我国香港特别行政区对内幕交易行为的立法和执法情况,分析其中的不同后发现,我国在证券市场监管和打击内幕交易等证券违法行为方面还存在很大的差距,需要不断的进行改进,建议我国建立一种以政府监管部门为主导,行业自律组织充分发挥作用的自律体系,并建立行政执法、民事赔偿和刑事制裁相结合的监管机制。通过巨大的违法成本和严厉的刑事制裁措施,形成强大的威慑力,将内幕交易行为消灭在预备阶段。
[Abstract]:Starting from the concept, characteristics, basic constitution of insider trading in the securities market and the formation and development of the securities market, this paper analyzes the current situation of legislation and enforcement of insider trading in China. It is found that the legislation against insider trading has obvious defects, the civil compensation legislation related to insider trading is basically blank, the administrative law enforcement of insider trading is not satisfactory, and the efficiency is low. The enforcement of the law is lax, the securities supervision department lacks the social credibility and so on, and the criminal legislation on insider trading is even less deterrent, which can not prevent and crack down on the crime of insider trading. By comparing the legislation and enforcement of insider trading between China, the United States and the Hong Kong Special Administrative region, we find that after analyzing the differences, In China, there is still a big gap in the regulation of the securities market and cracking down on illegal acts of securities such as insider trading, which need to be continuously improved. It is suggested that China should establish a kind of government supervision department as the leading authority. Self-discipline organizations play a full role in the self-regulation system, and establish the administrative law enforcement, civil compensation and criminal sanctions of the combination of regulatory mechanisms. Through the huge illegal cost and the severe criminal sanction measure, forms the formidable deterrent, will eliminate the insider trading behavior in the preparatory stage.
【学位授予单位】:内蒙古大学
【学位级别】:硕士
【学位授予年份】:2013
【分类号】:D922.287
【引证文献】
相关硕士学位论文 前1条
1 张超;中国证券市场内幕交易:特征分析与案例研究[D];厦门大学;2014年
,本文编号:1853346
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