Legal Regulation Of Equity Crowdfunding Under Internet Finance

With the popularity of internet technology,internet finance is thriving.Equity Based Crowdfunding is one of the main forms of internet finance.It has become a popular,efficient,and convenient mode of financing on a global scale.Although Equity Based Crowdfunding started late in China,it has developed rapidly,thus impproving the socialist market economy.Equity Based Crowdfunding of start-up enterprises and small and medium-sized micro-enterprises has improved investors investment channels and promotes entrepreneurship,increasing the employment rate in China.At the beginning of 2015,Premier Li Keqiang reported:"Small and medium-sized micro-enterprises have a brilliant future making grassroots innovation become more common".It can be seen Equity Based Crowdfunding as a new type of financing means to help start-up enterprises and small and medium-sized micro enterprises to solve the problem of financial difficulties,it will inevitably get the support of the national government,it also will inevitably occupy a place in the future of China's socialist financial system.However,while Equity Based Crowdfunding is encouraged by the national government and favored by both sides of investors and financiers,there are conflicts with the existing legal system,as the risk of fraud is gradually increasing.Promoting the start-up enterprises and small and medium-sized micro-enterprises will facilitate the formation of efficient capital and protect the rights and interests of investors.It is necessary to China to understand how to build the relevant legal system to regulate the ownership of all relevant exploration.The article is divided into four parts;except,preface,and epilogue,specific as follows:The first part is the legal definition of Equity Based Crowdfunding.This part is divided into three sections.The first section from the crowd funding to raise the concept of Equity Based Crowdfunding analysis,introduce the reasons and significance of the existence of Equity Based Crowdfunding and discuss differences with the traditional equity investment.In the second part,from the characteristics of Equity Based Crowdfunding,analyze the innovative expression mode and advantages of Equity Based Crowdfunding.The third section summarizes the status quo of Equity Based Crowdfunding at home and abroad,looking to Equity Based Crowdfunding to improve in the world's future financial system.The second part is the difficulties of Equity Based Crowdfunding in practice in China.The plight of Equity Based Crowdfunding business model in the face of China's current legal system.Mainly from the Equity Based Crowdfunding platform and Equity Based Crowdfunding investors',two angles to explain.The third part is based on the concept of regulatory perspective to build the path of Equity Based Crowdfunding legal regulation.Mainly from the current foreign regulatory model.The current difficulties of Equity Based Crowdfunding regulation and Regulatory measures three angles in this paper.The fourth part is Reflections on the Path of Legal Regulation of Equity Based Crowdfunding in China.Mainly from the legislative and supporting the construction of the system to elaborate two angles.Current?Securities Law of the People's Republic of China??Company Law of the People's Republic of China?and?Criminal Law of The People's Republic of China?,Modification the relevant provisions which will make Equity Based Crowdfunding regulation in the "grey area".Advocate to establish as soon as possible a series of security system matching laws and regulations,and to maintain Equity Based Crowdfunding healthy legal development.