Date
26 September 2017

Official urges insider trading compensation system, paper says

China should take steps to establish a system to compensate victims of insider trading, China Securities Journal reported Monday, citing Hou Wailin, chief of the Guangdong office of the China Securities Regulatory Commission. These include a clearer judicial definition by China’s Supreme Court of civil liabilities in the use of insider or undisclosed information for trading purposes and who should receive such compensation. China imposes administrative and criminal penalties for insider trading but has yet to introduce a system of civil compensation, the report said.

– Contact HKEJ at [email protected]

TL/AC/RA

 

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