Mouse trading

Identify the rat warehouse with one move

Rat storehouse; Before using public money to raise the stock price, the Zhuang family first used their own individuals (themselves, relatives, interested parties, etc.). ) after the funds are opened at a low level, and then public funds are used to buy stocks, and then the stock price is raised to a high level, individual positions are sold first for profit. Of course, the last loss is public funds. In fact, it is a corrupt behavior that harms the public and the private interests. It comes from the proverb: If you are a mouse, you can eat it without eating. The ancient rulers also regarded the people as grass roots and rats. In the financial field, from fund managers to securities analysts, most of them are highly educated white-collar workers. This kind of behavior is regarded as the act of a rat, hence the name "rat storehouse". Stock-related employees are often exposed to stock-related information, and if they participate in stock trading, they will disrupt the securities market. Therefore, there is a rule in the stock market that relevant employees cannot directly participate in securities and stock investment, just to prevent "insider trading". Rat warehouses belong to insider trading in stock trading.

For example, Xiao Ming is the fund manager of a fund company, managing fund A, and the main investment direction is decided by him, that is to say, which stock the fund wants to buy in the near future is decided by him. Xiao Ming recently took a fancy to a school district, but he was too nervous to start. He was anxious and turned his mind to the fund he managed. So he used his classmate Xiao Lei's account to buy a lot of stocks 3, and secretly told the news to his seven aunts and eight aunts, and also bought stocks B together. Subsequently, he also bought a lot of stock B from Fund A, which instantly boosted the stock price. When he was in a high position, he quickly informed seven aunts in Xiao Lei to cash out first and take profits. In the end, the stock price surged and then fell rapidly. The stock price of country A, the fund he was in charge of, fell sharply, and the citizens complained bitterly. This is a typical rat barn.

There are two situations in the rat warehouse: 1. When the main organization is ready to hold a large number of stocks, when the market starts, insiders buy the stocks first, which is the so-called rat warehouse. 2. When a stock is announced in the early stage of making a big profit, the insiders of the listed company buy it in advance, which is also called a rat warehouse.

Criminal law amendment: 1. Clearly involved in illegal activities, including rat warehouses. If the circumstances are serious, he shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also or solely be fined not less than one time but not more than five times the illegal income; If the circumstances are especially serious, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than ten years, and shall be fined not less than one time but not more than five times the illegal income. 2. Employees of financial institutions, staff of relevant regulatory authorities or trade associations, who use their positions to obtain undisclosed information other than insider information, engage in securities and futures trading activities related to this information in violation of regulations, or express or imply that others engage in related trading activities, if the circumstances are serious, shall be punished with the same crime.