Research On Legal Control Of Crowd-funding Risks

Crowd-funding is a new form of financing,is a certain organization and individuals in the internet platform for the public to raise funds to raise a small amount of financing.Crowd-funding relying on the convenience of the internet has been rapid development for the start-up of small and medium enterprises to provide a convenient financing.However,as new things,there are still many risks in the process of crowd-funding in China.These risks have seriously hindered the vigorous development of China's crowd-funding.Therefore,the risk of crowd-funding of all the specialized analysis and research,to explore the legal method of controlling risk is particularly urgent.It is beneficial to the raising of capital of small and micro enterprises and promote economic development,which will help the establishment of multi-level capital market,promote capital democracy and pratt &whitney finance.This paper uses the literature research method,the empirical research method and the comparative analysis method to discuss the legal control of crowd-funding.Firstly,it introduces the background of the thesis,the purpose and significance of the research,the research ideas and the research methods,the structure of the article and the innovation point and so on.Then,it introduces the basic theory of crowd-funding and the types of crowd-funding risk,and then analyzes the causes of crowd-funding.On the basis of the experience of legal control of the US crowd-funding,this paper puts forward the risk legal control measures.This article is divided into five chapters to discuss the issue of risky legal control of crowd-funding,in addition to the introduction and conclusion can be divided into the following four parts:Chapter two,overview of crowd-funding risk.This part first introduces the concept,characteristics,operation mode and value analysis of crowd funding,and through the discussion of the basic theory of crowd-funding,it aims to lay the foundation for the research on crowd-funding risk.This part of the follow-up on the basic theory of crowd-funding on the basis of fully aware of the system risk and non-systemic risk in accordance with the scientific classification of the crowd-funding analysis of the main risks,and the risk analysis.Chapter three,the analysis of the causes of crowd-funding risk.This part mainly analyzes the causes specialized crowd-funding,the reasons are divided into endogenous causes and exogenous reasons,these two parts of the reasons for discussion.This part is one of the innovations of this paper,which makes up for deficiencies of the research on the causes of the risk of crowd-funding in our country,and lay the foundation for the follow-up to the risk control proposal.Chapter four,the experience of legal control of US crowd-funding.The United States is one of the early and rapid development of crowd-funding,and its experience of legal control of crowd-funding is of great reference to our country.This part mainly introduces the experience of legal control of American crowd-funding,and evaluates it.Based on these lessons,this paper aims to find a way to control the risk of crowd-funding in China.Chapter five,the countermeasures of legal control of crowd-funding in China.This chapter analyzes the status quo of the legal control of crowd funding in China,and evaluates it.According to the shortcomings of the current situation of legal control in China's crowd-funding risk,based on the reality,learn from the American experience,in legislation,supervision and industry self-discipline three aspects,we can put forward the proposal of legal control for crowd-funding risk in China.