Internal information operating is a common kind of securities crime , not only being a bonds speculation , but also a cheating bargain. Form the Manifestation of Internal information operating , this passage discusses many aspcts of our nation securities administration , including precautionary supervising system and sanction system . Moreover , this study is based on the definition of IIO concept , the value criterion which used to restrain the inner trading behavior by law , and referring to the thoroughly analysis on status of Chinese modern legislation .According to modern economics theories , information have a close relationship with securities markets . What's more , actually investors'investing efficiency is direct proportion to the time them gaining the inner message . Once the inner operator who controls information begins to carry out trading bonds before the information issued to the public , they will bring large tragedy to the market and lots of investors . One hand , this will delay even block the message to be revealed sufficiently and timely ; on the other hand , the equity of securities trading will be impaired , not mention to the justness of trading results and natural securities trading order . Form above , we can see that securities are extraordinary important and greatly imperative .Regarding to the analysis of securities markets internal information operating and market supervising , this article is aimed to assure that every negotiant holds the equally information rights , which are not only controlled by a few people , therefore protecting investors'interests .Furthermore , we also cite some contents about emphasizing protecting investors'interests and securities supervising form new <> , which incarnate the significance of the securities supervising . |