证券内幕交易主体识别的理论基础及逻辑展开

在我国法律制度中,规定证券内幕交易主体的法律用语有"内幕信息的知情人"、"非法获取内幕信息的人"和"任何知情人",但主体范围并未清晰界定。内幕交易主体立法应以"信息平等理论"为基础、以"(任何)知情人"为统一立法用语、以"行为识别主义"为实践导向和主体类型化依据,其内在逻辑方为畅达,我国现行法律制度应据此作出修改。

The Theoretical Basis and Logic Development of the Subject Identification of Securities Insider Trading

In China's legal system,the legal terms about the subject of securities insider trading have the following expressions: "the insiders who has access to any insider information of securities trading","the insiders who has unlawfully obtained any insider information"and "insider",among which have no clear limit about the subject range. The legislation of the subject of the securities insider trading shall be built on the "information equality theory", use the "insider"as the unified legal terms and take the "principle of behavior recognition" as the information equality and subject typology basis,of which the internal logic runs smoothly,and according to which,China's current legal system shall be revised.