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<h2 class="title contant_blue">“投资者ä¿æŠ¤â€¢æ˜Žè§„则ã€è¯†é£Žé™©â€ç³»åˆ—案例一</h2>
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<span>作者：佚å</span>
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<span>å‘布旉™—´åQ?017òq?6æœ?1æ—?/span>
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<p><span style="font-size:20px;">　　案例1åQ?ldquo;æž•è¾¹é£?rdquo;ç‚’è‚¡¼œ¨å½“心被处罚</span></p>
<p><span style="font-size:20px;">　　内幕交易是指è¯åˆ¸äº¤æ˜“内幕信æ¯çš„知情ähå’Œéžæ³•èŽ·å–内òq•ä¿¡æ¯çš„人在内幕信æ¯å…¬å¼€å‰ï¼Œä¹°å–该è¯åˆ¸ï¼Œæˆ–者泄露该信æ¯åQŒæˆ–者å¾è®®ä»–äºÞZ¹°å–该è¯åˆ¸çš„è¿æ³•è¡Œä¸ºï¼Œåœ¨å®žè·µä¸å…ähœ‰å¤šç§è¡¨çŽ°å½¢å¼åQ?ldquo;æž•è¾¹é£?rdquo;内幕交易便是其ä¸ä¸€¿U。比如下é¢è¿™ä¸¤ä¸ªž®æ•…事：</span></p>
<p><span style="font-size:20px;">　　上市公å¸Hå› ç¹åˆ’éžå…¬å¼€å‘行股票åœç‰ŒåQŒå…¶æŽ§è‚¡è‚¡ä¸œZå…¬å¸è‘£äº‹è‡§æŸçš„妻å陈æŸåœ¨åœç‰Œå‰ä¹°å…?万股“H”åQŒå–出åŽèŽ·åˆ©7.3万元ã€?/span></p>
<p><span style="font-size:20px;">　　上市公å¸Yå› ç¹åˆ’éžå…¬å¼€å‘行股票åœç‰ŒåQŒä¸»åŠžåˆ¸å•†Zè¯åˆ¸å·¥ä½œäººå‘˜ä½™æŸçš„妻åå¶æŸåœ¨åœç‰Œå‰ä¹°å…?.3万股“Y”,å–出åŽèŽ·åˆ©å…±è®?.7万元ã€?/span></p>
<p><span style="font-size:20px;">　　˜q™ä¸¤ä¸ªæ•…事ä¸åQŒHå…¬å¸æŽ§è‚¡è‚¡ä¸œZå…¬å¸çš„董事臧æŸã€Zè¯åˆ¸å·¥ä½œäººå‘˜ä½™æŸéƒ½æ˜¯ã€Šè¯åˆ¸æ³•ã€‹è§„定的è¯åˆ¸äº¤æ˜“内幕信æ¯çš„知情ähåQŒä»–们的å¦Õd在内òq•ä¿¡æ¯æ•æ„ŸæœŸå†?ldquo;¼„°åéy”ä¹îCº†ä¸Žè¿™äº›ä¿¡æ¯æœ‰å…³çš„股票。按照《è¯åˆ¸æ³•ã€‹ä¸ƒå三æ¡ã€ä¸ƒåå…æ¡çš„规定åQŒå†…òq•ä¿¡æ¯çŸ¥æƒ…ähå’Œéžæ³•èŽ·å–内òq•ä¿¡æ¯çš„人，在内òq•ä¿¡æ¯å…¬å¼€å‰ï¼Œä¸å¾—ä¹°å–该公å¸çš„è¯åˆ¸ã€‚《最高äh民法院ã€æœ€é«˜äh民检察院关于办ç†å†…幕交易ã€æ³„露内òq•ä¿¡æ¯åˆ‘事案件具体应用法律若òq²é—®é¢˜çš„解释》第二æ¡å¯ÒŽ¤ä¹Ÿä½œäº†æ˜Ž¼‹®è§„定，包括内幕信æ¯çŸ¥æƒ…人员的近亲属或者其他与内幕信æ¯çŸ¥æƒ…人员关系密切的äh员，在内òq•ä¿¡æ¯æ•æ„ŸæœŸå†…ä¹°å–了与该内幕信æ¯æœ‰å…³çš„è‚¡¼œ¨ï¼Œäº¤æ˜“è¡Œäؓ明显异常åQŒä¸”æ— æ£å½“ç†ç”±æˆ–者æ£å½“ä¿¡æ¯æ¥æºçš„åQŒæž„æˆå†…òq•äº¤æ˜“。尽½Ž¡è¢«å¤„罚的äh都辩解称没有利用相关信æ¯åQŒä½†ç“œç”°æŽä¸‹çš„事˜q˜æ˜¯ä¸è¦åšï¼Œåšäº†ž®±é€ƒä¸å¼€æ³•å¾‹çš„惩¾|šã€‚这也æ醒内òq•ä¿¡æ¯çŸ¥æƒ…ähåQŒä¾‹å¦‚上市公å¸è‘£äº‹ã€ç›‘事ã€é«˜¾U§ç®¡ç†äh员，ç”׃ºŽèŒåŠ¡æˆ–å·¥ä½œåŽŸå› çŸ¥æ‚‰å†…òq•ä¿¡æ¯çš„è¯åˆ¸å…¬å¸ã€å¾‹å¸ˆäº‹åŠ¡æ‰€ã€ä¼šè®¡å¸ˆäº‹åŠ¡æ‰€½{‰ä¸ä»‹æœºæž„从业äh员ç‰åQŒä¸€å®šè¦å®ˆä½èŒä¸šé“å¯d的红¾U¿å’Œæ³•å¾‹è§„定的底¾U¿ï¼Œ½Ž¡å¥½“æž•è¾¹äº?rdquo;ã€?ldquo;íw«è¾¹äº?rdquo;åQŒä¸åšèµ„本市场的“è€é¼ ”ã€?/span></p>
<p><span style="font-size:20px;">　　好多äºÞZ»¥ä¸ºå°±æ˜¯æ‰“探或者å¬ä¸ªæ¶ˆæ¯ï¼Œä¸å¤ªå½“回事，但内òq•äº¤æ˜“是一¿U严é‡çš„˜q法行äØ“åQŒæ³•å¾‹è§„定了严厉的制è£æŽªæ–½ï¼Œä¸ä»…赚了é’Þp¦æ²¡æ”¶˜q法所得，òq¶å¤„以è¿æ³•æ‰€å¾—一å€ä»¥ä¸Šäº”å€ä»¥ä¸‹çš„¾|šæ¬¾åQŒæ²¡èµšåˆ°é’Þq”šè‡³äºäº†ä¹Ÿè¦å¤„以三万元以上å…å万元以下的罚‹Æ¾ã€‚如果情节严é‡ï¼Œæ¯”如è¯åˆ¸äº¤æ˜“æˆäº¤é‡‘é¢ç´¯è®¡åœ¨äº”å万元以上，或者获åˆ?é¿å…æŸå¤±)æ•°é¢ç´¯è®¡åœ¨å五万元以上的˜q˜å°†æž„æˆå†…幕交易¾|ªï¼Œè¢«è¿½½I¶åˆ‘事责仅R€‚当òq´çš„é¦–å¯Œé»„å…‰è£•å°±æ˜¯å› ä¸ºå†…òq•äº¤æ˜“èín陷囹圄，至今˜q˜åœ¨ç‹×ƒ¸ã€?/span></p>
<p><span style="font-size:20px;">　　å¦å¤–åQŒè¿™å¯¹äºŽòq¿å¤§æŠ•èµ„者也å…ähœ‰æ·±åˆ»çš„覽Cºæ„义。ä¸è¦è¯•å›‘ÖŽ»æ‰“探ž®é“消æ¯ã€å¬ä¿¡å†…òq•ä¿¡æ¯ï¼Œå…¶ä¸åŒ…å«äº†å·¨å¤§çš„法律风险和投资风险。试惻I¼Œå¦‚果打探æ¥çš„消æ¯æ˜¯çœŸçš„，ž®±å¯èƒ½æž„æˆè¿æ³•ç”šè‡³çŠ¯¾|ªï¼Œå¦‚果是å‡æ¶ˆæ¯åQŒé‚£æ›´æ˜¯å¾—ä¸å¿å¤±åQŒè‚¯å®šåˆä¸äº†å“ªä¸ª“害äh¾_?rdquo;的圈套，被å–了还在帮人家数钱ã€?/span></p>
<p><span style="font-size:20px;">　　案例2åQšå°Šå¸ˆé‡é“有æ–ÒŽ³• 勿以“内幕”报师æ?/span></p>
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