Research On The Nature And Legal Regulation Of Pulic Equity

The majority of Internet users to sell shares or class of shares through the Internet mediation platform's equity financing is called equity crowdfunding,this new mode of financing the Internet in our country once introduced to wide acclaim because it solves start-ups and creative projects development of much-needed financial problems,but its business model and existing laws and regulations deviate from conflict is also deeply troubled industry practitioners,like a scale and influence is continually expanding its "run wild." Currently equity crowdfunding model in the world's major national development momentum in the ascendant,the countries have constructed the regulatory measures suited to their national conditions.Compared to mature capital markets,China's pace of development,although the equity crowdfunding fast,but the relevant legal research and legal provisions have been in the absence of the state,nature is unclear,has been wandering in the edge of the legal gray area,facing enormous legal risk,but also give investors a considerable investment risk.Starting chips for this article herd and equity crowdfunding concept and characteristics,combined with the beneficial regulatory experience mature capital markets,and analyzes the legal difficulties encountered in our country and its appropriate positioning properties,and on the basis discussed above last I propose targeted regulatory proposals to ensure the promotion of its balance between investor protection and capital formation.This paper is divided into four parts equity crowdfunding model were discussed:First,through the discussion leads to crowdfunding focus of this article to explain the concerns relating to-equity crowdfunding,and its simple rough introduction;then,study and description of major mature capital markets on equity crowdfunding industry regulators to explore,Furthermore,for the plight of China and the question of equity crowdfunding face,incisive analysis and interpretation of results of equity crowdfunding demonstrate legitimacy;Finally,on the basis discussed above,and in the promotion of capital concept formation and investor protection under the guidance of a preliminary outline of the regulatory framework of equity crowdfunding.Equity crowdfunding since its birth,it is associated with considerable misgivings,however,as a new financing model represents the development direction of Internet banking and inevitable trend.Although China's current regulatory system is no equity crowdfunding survival of the soil,but of equity crowdfunding but real small and medium enterprises and minimally invasive new creative projects to solve their "worries" for economic development and employment stability since the unexpected role.So,we have to learn from outside the national regulatory basis of experience,look at the actual equity crowdfunding in China's development,without stifling equity crowdfunding dynamic premise,effectively regulate equity crowdfunding operation to protect its healthy development.