Current location - Trademark Inquiry Complete Network - Futures platform - What are the sentencing provisions for the crime of manipulating the securities and futures market in China's criminal law?
What are the sentencing provisions for the crime of manipulating the securities and futures market in China's criminal law?
Legal analysis: China's laws stipulate the sentencing of the crime of manipulating the securities and futures market: 1. Whoever commits this crime shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also or only be fined; 2. If the circumstances are particularly serious, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than ten years and fined; 3. If a unit commits this crime, it shall be fined, and the directly responsible person in charge and other directly responsible personnel shall be punished in accordance with the above provisions.

Legal basis: 13th Amendment to the Criminal Law of People's Republic of China (PRC). The first paragraph of Article 182 of the Criminal Law is amended as: "Whoever manipulates the securities and futures market and affects the trading price or volume of securities and futures under any of the following circumstances, if the circumstances are serious, shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention and shall also, or shall only, be fined; If the circumstances are especially serious, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than 10 years, and shall also be fined: "(1) concentrating capital advantages, holding shares or positions, or using information advantages to jointly or continuously buy and sell; (2) colluding with others to trade securities and futures with each other at the time, price and manner agreed in advance; (3) buying and selling securities between accounts actually controlled by them, or buying and selling futures contracts on their own. (4) frequently or in a large amount, declaring the trading of securities and futures contracts, and canceling the declaration for the purpose of closing; (5) inducing investors to trade securities and futures by using false or uncertain important information. (6) making comments, forecasts or investment suggestions on the disclosure of securities, securities issuers and futures trading targets, and at the same time conducting reverse securities trading or related futures trading; (7) manipulating the securities and futures market by other means. "