内幕交易行为是一种不公平的证券交易行为,对证券市场的健康发展非常有害。中国和澳大利亚证券法都禁止内幕交易并规定相应的法律责任。比较而言,中国着重行政责任和刑事责任,忽视民事责任,而澳大利亚强调民事责任,其最新发展是民事处罚在内幕交易处罚中的运用。 Insider trading behavior is an unfair securities trading behavior, which is very harmful to the healthy development of securities market. Both Chinese and Australian securities laws prohibit insider trading and stipulate corresponding legal liabilities. In comparison, China places emphasis on administrative liability and criminal liability, ignoring civil liability, and Australia emphasizes civil liability. Its latest development is the application of civil penalties in insider trading penalties.