The Construction Of Investor 's Rights Protection System In Ownership

Crowd-sourcing of equity (Crowd-sourcing) in China has not yet recognized legitimacy, and also lack of appropriate laws and regulations to regulate the business. In this background, many operations of Crowd-sourcing business has been carried out in obtaining financing purposes, while the interests of investors’ rights failed to be protected.From the perspective of investor protection, discusses on how to build the protection of investors’ rights of Crowd-sourcing systematically is this article’s issue:The first part introduces the definition of the Crowd-sourcing, characteristics and meaning to the concept of Crowd-sourcing so that readers can understand all the chips, and then introduced the participation in Crowd-sourcing and the rights and obligations of each subject are described as well.The second part discusses the necessity to build Crowd-sourcing investors’ rights protection systematically, from the provisions of existing laws and inadequate compared to the forefront of foreign legislative provisions, put forward the necessity of establishing investor protection system in our country. The author believes that the protection of the investors’ rights of Crowd-sourcing in China remains two questions: First, Crowd-sourcing is not recognized as legitimate, which leads Crowd-sourcing a non-existing business. Second, Crowd-sourcing has not been approved by the appropriate norms to protect investors.Issues of the third part researches concerning the legitimacy of crowd-sourcing, position confirmed equity investment to build recognition and transaction security, information disclosure and investor participation Crowd-sourcing corporate governance rights. Putting Crowd-sourcing on it’s own view, the first thing needed to confirm is its legitimacy. On this basis, I believe that investors are entitled to the shareholder’ rights of the Crowd-sourcing companies, and the shareholders’ rights should enjoy the right of access to information and corporate governance rights.The fourth part researches the Crowd-sourcing from financial regulation and supervision of Internet perspective. As regards financial regulation, I believe that it is needed for Crowd-sourcing to set entry requirements and business rules, and there should be a prominent role in the regulation of administrative supervision. From the perspective of Internet regulation, I think we should pass the real name system certification, privacy, security and intellectual property protection technology to Crowd-sourcing regulation.