股市中操纵市场行为及防范的法律对策(Legal action of market manipulation and prevention in stock market).doc
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股市中操纵市场行为及防范的法律对策(Legal action of market manipulation and prevention in stock market)
Legal action of market manipulation and prevention in stock market
Author: Zhang Chenying
First, we should regulate and manipulate market behavior in accordance with the law
The manipulation of the securities market refers to obtain benefits or reduce the losses for the purpose of making false securities market, lured others to make the wrong investment securities, or the use of capital, information and work convenience and other advantages, the manipulation of the securities market price.
Cases of market manipulation can be traced back to Britain in the 1814. When people use the Union Army hopes for a quick end to resist Napoleons War mentality, has two soldiers posing to residents were killed, Napoleon announced the alliance army occupied Paris news, the stock price soaring, and finally found that several people collusion rumors, fraud in public, while prices sold their shares to reap the benefits.
The Interim Measures against securities fraud will market manipulation behavior made the provisions cited: 1. funds through conspiracy or manipulation of the securities market price; 2. to spread rumors and other means to influence the issuance of securities transactions; 3. for manufacturing false price securities, and on others, without transferring the ownership of securities March; 4. sell or offer to sell the securities, disrupting the order of the securities market; 5. by raising or lowering the prices of securities trading prices for the purpose of a continuous trading of securities; 6. the use of his office, artificially low or raise the price of securities; 7. other market manipulation.
Manipulation of market behavior shows that manipulators use their powerful resources such as funds, information and special status to control the trading volume and trading price of securities market artificially and obtain huge profits. Its harm degree is big, the scope is wide:
First of all,
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