论我国内幕交易损害赔偿计算方法的建构

内幕交易作为一种危害证券市场的行为，是各国证券法律监管的对象。目前我国的证券立法还未建立起切实可行的内幕交易民事赔偿制度，尤其是对民事赔偿损害的认定缺乏统一的方法，难以维护证券投资者在遭受到内幕交易侵权时的损失。针对美国内幕交易民事赔偿的计算方法，以我国的司法现状为立足点，借鉴国外建立证券民事责任制度的基本理念和思路，建议我国应该以净损差额修正法为基础，建构我国内幕交易损害赔偿的计算方法。

The Construction of the Measure of Damages on Insider Trading

The insider trading has world since it is the action that will been ceased and monitored by Securities Laws all over the damage the share market. However, Securities Law of the People＇s Republic of China has not established a feasible civil compensation system for victims of the insider trading. Especially, when the damage has been done, it is difficult to make compensation for the victims due to the lack of a uniform methodology to identify compensatory damages. From the standpoint of Chinese judicial practice and drawing on the experiences on fundamental ideas on such systems, the author proposes our country should combine the advantages of kinds of methods together and construct a formula to calculate the insider trading damages which are based on the Expedient Out of Pocket Measure.