From 65438 to 0987, the State Council issued the Provisional Regulations on Administrative Punishment for Speculation, and three years later issued the Detailed Rules for the Implementation of the Provisional Regulations on Administrative Punishment for Speculation. Among them, speculation is defined as: for the purpose of seeking illegal profits, violating the national financial, foreign exchange, gold and silver, industrial and commercial management regulations, illegally engaging in industrial and commercial activities, disrupting the socialist economic order, and serious acts. At the same time, 1 1 conjectures are listed. With the development of market economy, some of these behaviors become legal, such as reselling securities and short selling. Now they are called stock, securities and futures markets; Some have special laws, such as anti-unfair competition law. 1997 revised the criminal law and abolished the crime of "speculation and profiteering", and the word "speculation and profiteering" with strong planned economy color faded out of history.