Starting in 2013, "crowdfunding" This new financial model of the Internet in China began to rise. Thus, enterprises and individuals can raise project funds to the public through the Internet, especially equity crowdfunding this innovative model has attracted a large number of start-ups, small and micro enterprises and civilians investor participation. Although the rapid development of Internet equity crowdfunding, many equity crowdfunding platform continues to rise, the potential blowout presented on financing, but as a new model, there are also such legal risks, legal and regulatory rules and other issues. This article will origin crowdfunding, definition and characteristics of equity crowdfunding of presentation combined with the practice in the case of in-depth analysis of the legal risks of equity crowdfunding currently facing, and with reference to foreign equity crowdfunding current legislation and practical experience to analyze legal and regulatory system in China’s equity crowdfunding.This paper is divided into four parts equity crowdfunding discussed: First Crowdfunding concept, origin and classification are introduced, which leads to equity crowdfunding phenomenon, then the concept of equity crowdfunding, characteristics and significance of detail. Then the current development of equity crowdfunding its existing risk analysis, and then integrated case and some of the problems that exist in practice, put forward our equity crowdfunding existing risks. The third part elaborates on some of the legislation to regulate foreign equity crowdfunding through current situation of foreign regulatory regime, he made a number of their own ideas. Finally, the author of equity crowdfunding existing risks, refer legislation to regulate foreign elaborated some ideas for the future to build our equity crowdfunding legal and regulatory system. |