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内幕信息界定是认定某交易行为是否构成刑法第180条关于内幕交易、泄露内幕信息罪的关键,虽然《刑法修正案七》于2009年对《刑法》第180条进行了修订,但修订后的刑法中关于此罪的规定很少适用,这与日益严重的证券犯罪现实形成鲜明对比。造成这一原因在于刑法依托的法律、行政法规对内幕信息的认定标准上存在缺陷,本文试借鉴英美法的理论,立足我国现行立法的规定,对内幕信息中的非公开性标准进行探讨并提出相关建议。
The definition of inside information is the key to determining whether a transaction constitutes the crime of insider trading and divulging inside information in Article 180 of the Criminal Law. Although Amendment VII of the Criminal Law amends Article 180 of the Criminal Law in 2009, the revised The provisions of the criminal law on this sin rarely apply, which is in stark contrast to the increasingly serious reality of securities crime. The reason is that the laws and administrative regulations relied on by the criminal law have some defects on the standard of the inside information recognition. This article attempts to draw lessons from the theory of Anglo-American law and bases on the current legislation of our country to discuss the non-public standards in the inside information Related suggestions.