证券内幕信息的认定——以杨剑波诉证监会一案为视角

Determination of Inside Information——In the Perspective of Yang Jianbo Sues the Securities and Futures Commission

内幕信息是判断内幕交易行为发生的基础。杨剑波诉证监会案的争议焦点之一就是对内幕信息的认定。通过比较美国、欧盟、日本现行立法和理论对内幕信息特征的认定方式,并结合我国情况,指出杨剑波诉证监会一案中的"乌龙指"信息为内幕信息尚缺乏明确的法律依据。

Inside information is the basis of insider trading behavior.One of the focus controversy of Yang Jianbo sues the Se-curities and Futures Commission case is the cognizance of insider information.By comparing the united states,and combining with the situation in our country,point out there is not any definite legal basis to say the ＂fat finger＂information in Yang Jianbo sues.The securities and futures commission case is inside information.