International Securities Markets - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook International Securities Markets write by Hui Huang. This book was released on 2006-01-01. International Securities Markets available in PDF, EPUB and Kindle. This book offers the first detailed analysis of Chinaands insider trading law, explaining what constitutes insider trading in China and what the consequences of unlawful insider trading might be there. More importantly, it suggests ways in which the law might more effectively prevent the occurrence of insider trading in the first place. Among the elements of the legal framework addressed by the author are the following: and Who benefits from insider trading and The issue of when information becomes public and A comparative law treatment of the underlying theories of insider trading liability and Private civil liability and Damage caps and Measures of recovery The authorands approach focuses on Chinaands readiness to adopt foreign ideas without adequately assimilating them into the local context. In this connection, he sets out valuable reform proposals, using authority from field interviews with Chinese stakeholders as well as from comparative case law.
The Regulation of Insider Trading in China
The Regulation of Insider Trading in China - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Regulation of Insider Trading in China write by (Robin) Hui Huang. This book was released on 2015. The Regulation of Insider Trading in China available in PDF, EPUB and Kindle. The purpose of this article is to critically examine China's insider trading regulation, and based upon the results of such examination, set out reform proposals for China. With the benefit of overseas experience, in a relatively short period of time, China has made a remarkable achievement in setting up its insider trading regulatory regime. There are, however, some serious problems with the Chinese law, due to the uncritical implantation of the ideas from foreign sources. This is strikingly illustrated by the loopholes in the definition of insiders which are inherently related to the confusion around the underlying theory of insider trading liability. The article first broadly describes the background of the regulation of insider trading in China, and then offers a detailed discussion of its content. Based on this, a critique of China's insider trading regulation is carried out. It appears that China has hastily imported two conflicting insider trading theories, namely the equality of access theory and the fiduciary-duty-based theories which include the classical theory and the misappropriation theory. A careful analysis suggests that the equality of access theory is preferable to the fiduciary-duty-based theories, especially in the context of China. It is further submitted that the Australian "information connection" only approach to the definition of insiders is both theoretically justifiable and practically manageable, and thus should be introduced to reform China's insider trading regulation.
The Regulation of Insider Trading in China
The Regulation of Insider Trading in China - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Regulation of Insider Trading in China write by (Robin) Hui Huang. This book was released on 2015. The Regulation of Insider Trading in China available in PDF, EPUB and Kindle. This is a book chapter in Stephen M. Bainbridge (ed), 'Research Handbook on Insider Trading' (Edward Elgar Publishing Ltd, 2013). It provides an up-to-date discussion of Chinese insider trading regulation, covering the recently issued 2012 judicial interpretation on the handling of criminal insider trading cases in China. It examines not only the law in books, but also the enforcement of the law, including public enforcement and private enforcement.
Insider Trading Regulation in China
Insider Trading Regulation in China - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Insider Trading Regulation in China write by Yanan Zhai. This book was released on 2009. Insider Trading Regulation in China available in PDF, EPUB and Kindle.
A Comparative Study of Insider Trading Regulation Enforcement In the U.S. and China
A Comparative Study of Insider Trading Regulation Enforcement In the U.S. and China - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook A Comparative Study of Insider Trading Regulation Enforcement In the U.S. and China write by Han Shen. This book was released on 2010. A Comparative Study of Insider Trading Regulation Enforcement In the U.S. and China available in PDF, EPUB and Kindle. It is generally thought that protecting investors from act of expropriations by management, either in the form of looting or unfair self-dealing, or in the form of exploitation of management's inside information in trading securities, is a precondition to the optimal development of public securities markets. The regulation of insider trading, while controversial, is thus a subject of public imperatives. Following the regulation of insider trading in the U.S., the notion of insider trading has been widely introduced to many other jurisdictions, including China. Certainly, the mere existence of insider trading regulation is not sufficient to assure optimal securities market development; enforcement of insider trading regulation is the key. Recent scholarship concludes that the enforcement of insider trading laws has a strong impact on the cost of capital, whereas passing insider trading laws without enforcing them does not have this effect. This paper will principally address the issue of enforcement of insider trading regulation in the People's Republic of China. In doing so, the author frequently refers to the U.S. experience for two reasons: firstly, the U.S. was the first jurisdiction to enact insider trading regulation and today the U.S. continues to lead the world in the regulation and enforcement. The U.S. experience has been largely viewed as the "gold standard" for many emerging markets. Secondly, the U.S. insider trading regulation has served as a core influence on China's regulatory framework. When the stock markets were established in China in the early 1990s, the regulation primarily imitated the U.S. experience. Rather than developing a costly new regime, China may study how to enhance effective enforcement of existing regulations and may enjoy the learning advantage by adopting the best practices from the U.S. to avoid major pitfalls.
