论日本证券法上的损失填补罪

Discuss the crime of loss compensation on Japanese Securities Law

证券市场交易制度的发展是社会主义市场经济建设的重要一环,而证券公司以损失填补的方式劝诱顾客进行证券投资行为,严重干扰了投资人对于证券投资风险的判断,因此,证券法上特别明文禁止,并且对违反者以行政罚来加以处罚。但是,对于同样的损失填补行为,日本却是根据证券交易秩序维持的必要,采用刑事制裁手段来应付。基于比较法的立场,从日本的立法过程与司法实践中分析损失填补罪的犯罪构成,澄清损失填补罪的保护法益与刑事制裁的必要性,以提供我国将来规范证券公司不当劝诱顾客的立法参考。

The development that stock market trades the system is important one wreath that the socialism market economy construction. The steck certificate company advises to guide the customer to carry on the stock certificate investment behavior in fill up the loss, serious in- terference the investor invests the judgment of the risk to the stock certificate. So the stock certificate method ascends the special clear state- ment to forbid, and to the one who breach punishes with the administration to take into the punishment. But, fill up the behavior for the loss of the same, but Japan is a necessity that trades the order maintenance according to the steck certificate, adopting the pertaining to crime sanctions means to cope with. Therefore, this text according to the comparison position of the method. Practice from the lawmaking process and judicatorieses of Japan to lose to fill up the crime composing of the offense in the analysis, clearness the loss fills up the protection method benefit of the offense and the necessity of the pertaining to crime sanctionses.