The Operational Risk And Legal Regulation Of Equity Crowdfunding

In recent years,the development of E-finance in China,in the impact of the traditional financial industry,but also for the capital market has brought new forces.As the equity crowdfunding is the E-financial market segmentation part,mainly in the service of small and micro businesses and ordinary investors.While optimizing the financing environment of small and micro businesses and start-up enterprises,the majority of ordinary investors can participate in capital investment.At present,the market of equity crowdfunding in China in booming,many projects have been successful to finance.However,due to the lack of relevant laws,we can see that there are still many risks of its operation.Starting from the concept and characteristics of the equity crowdfunding,combined with the analysis the legal instrument of the relevant departments of the China,carding the problem and risks of equity crowdfunding in the actual operation.Then summed up of the legislative provisions of the US and the UK on the equity crowdfunding.Finally,combined with the legislative experience of foreign countries and China's national conditions,this paper attempts to put forward the construction of a number of legal regulation structure and other specific systems.