论证券内幕交易、泄露证券内幕信息罪

On Crime of Inside Securities Transaction and Divulging the Inside Securities Information

证券内幕交易、泄露证券内幕信息罪侵犯的是国家对证券市场的正常管理秩序和投资者公平交易的权益。客观方面必须具有在涉及证券的发行、交易或者其他对证券的价格有重大影响的信息未公开前买入或者卖出该证券,或者泄露该信息,情节严重的行为。主体方面为一般主体,除自然人外,单位也可成为本罪的主体,主观方面只能是故意才能构成,行为人因过失而泄露证券内幕信息,不构成本罪。确认主观方面应用客观归责的原则。判处罚金刑时,应正确确定违法所得。

The crime of inside securities transaction and divulging the inside securities information disrupts the normal management order of the securities market and the interests of investors. The objective aspects of this crime shall include the activities of buying or selling the very stock, or divulging the information concerning the stock issuing and transaction prior to the publication of the information that concerns stock issuing or exchange and has a vital bearing on the stock price, thus causes serious consequence. Subject of this crime shall be a general subject, and a unit can also be the subject of this crime besides a natural person. In the subjective aspects, the actor shall have criminal intents and the act of divulging inside securities information negligently can't constitute this crime. The objective doctrine of liability fixation shall be applied to affirm the subjective aspects and it's necessary to determine illegal gains correctly when fine the criminal.