目前我國證券主管機關禁止公司內部人出借自家證券。惟從各國（地區）有關證券借貸制度可知，各國（地區）並無明文禁止公司內部人出借證券之情形。對於我國禁止公司內部人出借證券之議題，本文研究結論認為，基於憲法上保護人民財產權，及有關財產權之使用、處分及收益，不應在法律無明文授權之情形下作不當限制之考量，我國法令似不宜禁止內部人之證券借貸行為，而應改採取開放之態度，對之輔以適當之管理措施，這樣才能與外國法制接軌，也才能配合我國證券市場國際化之目標。總之，本文研究認為，我國禁止公司內部人出借股票此一法律問題之適當解禁，對我國相關業者及公司內部人權益至為重要，主管機關似有重新審思之必要。另外，本文一併研究如允許開放公司內部人出借其持股時相關申報等管理之措施，以供證券主管機關管理上的參考。

Taiwans securities regulators currently forbid corporate insiders from lending out their own corporate securities to others. After a thorough study, this article concludes that an appropriate and timely lifting of the abovementioned ban will be of direct relevance to the securities industry as well as the rights and interests of corporate insiders. It appears that there is a need for the securities regulators to reconsider the above deregulation. In addition, this article also investigates what applicable rules are to be adopted by regulators once corporate insiders are permitted to lend out their own corporate securities.