證券詐欺刑事責任之研究

Research on Criminal Responsibility for Securities Fraud

系所名稱：國家發展研究所
學位別：博士
畢業學年：96年
指導教授：陳志龍、陳顯武
本論文乃藉由法釋義學、刑事政策學、比較法研究等研究方法，來處理關於「證券詐欺」刑事責任之各項問題。就本文架構而言，第二章至第四章為總論之部分，乃分別從法益保護、外國規範情形及解釋方法之角度，來奠定相關研究之基礎；第五章至第八章則係各論之部分，依序探討「證券詐欺」之犯罪成立要件、其與其他犯罪之競合關係、刑事程序上之因應對策及立法政策上之批判，而從適用、程序及立法此等刑事責任之不同層次，對此一犯罪型態作全面性之研究。本文認為，於法律適用之層次上，應以考量經濟刑法特色之法律解釋方法及法律補充方法、尤其係著眼於法益保護之「目的論解釋」及「目的性限縮」，將現行之「證券詐欺」刑事責任規定妥當適用於具體個案中；於刑事程序之層次上，有鑒於經濟犯罪之種種特性，應運用各種不同於傳統財產犯罪之偵查方法及包括證據法則在內之審理方法，以因應此一特殊之犯罪型態；於刑事立法之層次上，則應調和及權衡「構成要件明確性」與「規範彈性」之要求，且顧及「罪責原則」與「過度禁止原則」之誡命。

By means of the research methods such as legal dogmatics, science of criminal policy and study of comparative law, the dissertation handles questions about the criminal responsibility for “securities fraud” As far as the structure of it is concerned, in chapters 2-4 as the parts of general theories, I lay a foundation for the research from the points of view of protection of legal interests, foreign norms and methods of interpretation Then, in chapters 5-8 as those of individual discussions, I probe into the criminal elements of “securities fraud”, the relationship of coexistence between it and other crimes, the strategies in criminal procedure and the criticism of lawmaking policies in order, researching into the crime completely in different criminal aspects of application, procedure and lawmaking.I consider that in the aspect of applying the law, by way of the methods of legal interpretation and legal supplements taking account of features of the economic criminal law, especially “the teleological interpretation” and “the teleological reduction” focusing on protection of legal interests, current norms of the criminal responsibility for securities fraud should be applied to concrete cases appropriately; in the aspect of the criminal procedure, in view of characteristics of the economic crimes, we must use the methods of investigation and judgment including the rules of evidence distinct from those for the traditional property crimes to confront the special crime; in the aspect of the criminal lawmaking, the requests for “clarity of the criminal elements”and “elasticity of norms”should be harmonized and balanced, and the commandments of “the principle of responsibility” and “the excess-forbidden principle” must be paid attention to.