河北法学
河北法學
하북법학
Hebei Law Science
2009年
9期
87~89
,共null页
刖法修正 老鼠仓 内幕信息
刖法脩正 老鼠倉 內幕信息
월법수정 로서창 내막신식
amendment to criminal act ; mouse position ; inside information
“老鼠仓”是指庄家在用公有资金拉升股价之前，先用自己个人（机构负责人，操盘手及其亲属，关系户）的资金在低位建仓，待用公有资金拉升到高位后个人仓位率先卖出获利。建“老鼠仓”违背职业经理人的一般诚信原则，是严重的职业操守问题，在十一全国人大常委员会第四次会议上，首次提请审议的《刑法修正案（七）（草案）》对基金公司内部披露信息，获取不义之财等交易行为予以严厉打击，现《刑法修正案（七）》已颁布，但关于是否将“老鼠仓”行为人罪以及如何人罪的问题仍然存在争议。
“老鼠倉”是指莊傢在用公有資金拉升股價之前，先用自己箇人（機構負責人，操盤手及其親屬，關繫戶）的資金在低位建倉，待用公有資金拉升到高位後箇人倉位率先賣齣穫利。建“老鼠倉”違揹職業經理人的一般誠信原則，是嚴重的職業操守問題，在十一全國人大常委員會第四次會議上，首次提請審議的《刑法脩正案（七）（草案）》對基金公司內部披露信息，穫取不義之財等交易行為予以嚴厲打擊，現《刑法脩正案（七）》已頒佈，但關于是否將“老鼠倉”行為人罪以及如何人罪的問題仍然存在爭議。
“로서창”시지장가재용공유자금랍승고개지전，선용자기개인（궤구부책인，조반수급기친속，관계호）적자금재저위건창，대용공유자금랍승도고위후개인창위솔선매출획리。건“로서창”위배직업경리인적일반성신원칙，시엄중적직업조수문제，재십일전국인대상위원회제사차회의상，수차제청심의적《형법수정안（칠）（초안）》대기금공사내부피로신식，획취불의지재등교역행위여이엄려타격，현《형법수정안（칠）》이반포，단관우시부장“로서창”행위인죄이급여하인죄적문제잉연존재쟁의。
The mouse position is a set of activities carried out by the dealer, who , using private capital（ including that of the office master, maket controller and their relatives as well as the corrrespondece）, buys the stocks at a lower price before using the public capital to raise the stock price, and later on wins profit by selling the private stock when the price is raised to a high level by the public capital. The activity of mouse position violates the general rule of good faith and fare play for the professoinal maneger, and incurs a problem of professonal ethics. In the fourth meeting of 11 th national people＇ s representative committee, it is proposed for the first time to seriously strike the dealing activities such as the illegal disclosure of inside information by bond company for unjust enrichment, which has been stated in the 7th Amendment to Criminal Act. But there still exist disputes over whether the activity should be regarded as crime and how to make prosecution.
