| 英文摘要 |
Mainland established the Shenzhen Stock Exchange and Shanghai Stock Exchange in 1993, and proceed with securities legislation thereafter. The current “Securities Act” is implemented in 1999, and a major modification was made in 2005. The legislature is now considering a new amendments of the Security Act, and intends to draw on the experience of Taiwan and US securities legislation. When the Securities Act enacted in 1993, the mainland started to introduce the basic concepts and rules of foreign securities laws. However, compared with the other stock market, causes of insider trading is a special. In addition to the information asymmetry, the unique corporate property and government management system in mainland, are also the important factors that can not be ignored. Based on this, the mainland in regulating the insider trading, need to learn from foreign experience, shorten the cycle of transmission of information, and strengthen the implementation of “regulating insider trading” rules. |
