Manipulating the securities and futures market, which affects the trading price or volume of securities and futures, constitutes the crime of manipulating the securities and futures market, and shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also or only be fined:

1, and the amount of illegal profits is more than 500,000 yuan;

2. The transaction price and volume fluctuate abnormally;

3. Force others to manipulate the transaction price by violence or coercion;

4. Although the above-mentioned amount standard has not been reached, he is subject to administrative punishment for manipulating the trading price of securities and futures for more than two times, and also manipulates the trading price of securities and futures.

Whoever manipulates the securities and futures markets and affects the trading price or volume of securities and futures, if the circumstances are especially serious, shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention and shall also or 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 ten years, and shall also be fined:

(a) alone or in collusion, pooling funds, equity or position advantages, 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 method agreed in advance;

(3) buying and selling securities between accounts under its actual control, or buying and selling futures contracts on its own.

(four) for the purpose of closing a deal, frequently or in large quantities, and cancel the declaration;

(5) Using false or uncertain important information to induce investors to trade securities and futures.

(6) Making comments, predictions or investment suggestions on the disclosure of securities, securities issuers and futures trading targets, and conducting reverse securities trading or related futures trading at the same time;

(7) Manipulating the securities and futures markets by other means.

Legal basis: Article 182nd of the Criminal Law of People's Republic of China (PRC).

Under any of the following circumstances, whoever manipulates the securities and futures market and affects the trading price or volume of securities and futures, 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 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 ten years, and shall also be fined:

(a) alone or in collusion, pooling funds, equity or position advantages, 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 method agreed in advance;

(3) buying and selling securities between accounts under its actual control, or buying and selling futures contracts on its own.

(four) for the purpose of closing a deal, frequently or in large quantities, and cancel the declaration;

(5) Using false or uncertain important information to induce investors to trade securities and futures.

(6) Making comments, predictions or investment suggestions on the disclosure of securities, securities issuers and futures trading targets, and conducting reverse securities trading or related futures trading at the same time;

(7) Manipulating the securities and futures markets by other means.

If a unit commits the crime mentioned in the preceding paragraph, it shall be fined, and the directly responsible person in charge and other directly responsible personnel shall be punished in accordance with the provisions of the preceding paragraph.

Provisions of the Supreme People's Procuratorate and the Ministry of Public Security on the Prosecution Standards of Economic Crime Cases

Thirty-two, manipulation of securities and futures trading prices, to obtain illegitimate interests or pass on risks, suspected of one of the following circumstances, should be prosecuted:

1, and the amount of illegal profits is more than 500,000 yuan;

2. The transaction price and volume fluctuate abnormally;

3. Force others to manipulate the transaction price by violence or coercion;

4. Although the above-mentioned amount standard has not been reached, he is subject to administrative punishment for manipulating the trading price of securities and futures for more than two times, and also manipulates the trading price of securities and futures.