Research On The Legal Issues Of The Supervision Of Equity Crowdfunding Platforms In My Country

In order to comply with the new national energy transfer trend,to create a new economic era using "Internet plus" technology,to raise public equity as a new form of Internet finance,quickly became the topic of industry phenomenon.The public interest financing is very important to the innovative country.The financing of many innovative enterprises is unbearable for the banks.The development of the public equity platform has opened a new door for the small and medium enterprises to solve the financing problems.It is of great significance for the enterprises to speed up the cultivation of new technologies and industries and to find new economic growth points.However,China's stock market is growing faster and faster,and the problems of exposure will be more and more.The public equity platform has frequently burst out the project fraud,it is likely to touch the illegal absorption of public deposits,fund-raising fraud,unauthorized issuance of stock,securities and other legal red lines,seriously damaging the legitimate rights and interests of investors.At the beginning of 2018,the Securities Regulatory Commission announced that it would promote the pilot of the stock right,but the formal regulation rules of the public equity platform are still not available.The legal level of the rights and obligations of the public equity platform must still wait for the introduction of the new securities law.So,the legal supervision mechanism of the platform of the good stock right is completed as soon as possible.It is of practical significance.This article is based on the introduction of the basic theory of the public equity platform in China,including the connotation,operation mode,profit mode and the legal relationship involved,and analyzes the current situation of supervision legislation and judicial practice of our country's stock market platform,aiming at the legal problems existing in the platform supervision and the experience of foreign mature regulatory model.From the point of view of the regulatory authorities,we put forward some suggestions to improve the institutional construction of the supervision of the public equity platform in China.It is hoped that the supervision can be followed up in time to improve the legal supervision system of the platform as soon as possible so as to better protect the rights and interests of the investors.