Research On The Legal Supervision System Of Equity Crowdfunding In My Country

As a new financing mode,equity crowdfunding uses the Internet as a carrier,which is significantly different from the traditional financing methods.After a wave of fanaticism in the Western developed countries,it also quickly rooting in our country.Equity crowdfunding in China can have such a fiery development trend,attributed to its great promotion of the development of the capital market effect,it will have idle funds of the general public and many entrepreneurial and innovative enterprises docking up,stimulating the flow of private capital,small enterprises opened up new financing channels,not only to promote the reform of financial markets,also has certain positive significance to the establishment of multi-level capital market in our country.At present,China's Internet equity crowdfunding rapid development,equity crowdfunding platform endless,in the collection of funds also showed a blowout trend.However,as a new financing model,the development of Internet equity crowdfunding is still faced with many obstacles,such as the lack of legal supervision rules,with greater legal risks and so on.There is no doubt that the steady development of equity crowdfunding is of great benefit to the perfection of China's financial market and the level supplement of the capital market,and it also plays an instrumental role in the growth of China's real economy,but the lack of the current legal supervision system of equity crowdfunding in China has seriously affected the steady improvement of the domestic equity crowdfunding industry.Therefore,it is necessary to conduct in-depth study of the legal supervision of equity crowdfunding in China in a timely and effective manner and put forward targeted opinions.Based on the detailed analysis of the basic theory of equity crowdfunding and its legal supervision,this paper further studies the general operation process of equity crowdfunding and the legal risks contained therein,and analyzes the shortcomings and defects in the current situation of the supervision of equity crowdfunding in China.By drawing on the more mature supervision system of Western developed countries and combining the views of many experts and scholars,this paper puts forward a more systematic and complete proposal based on the three legal subjects of equity crowdfunding,in order to realize the effectivesupervision of China's equity crowdfunding and create a healthy environment for the development of the industry.The author thinks that in order to put forward practical and perfect suggestions for the legal supervision system of equity crowdfunding in China,we should make an in-depth study from the perspective of financing enterprises,equity crowdfunding platform and investor three supervision.As far as the legal supervision of financing enterprises is concerned,it is necessary to pay attention to the introduction of credit rating system and hierarchical information disclosure system,to implement the platform's market access mechanism for the legal supervision of equity crowdfunding platform,and to combine the audit obligation regulation and information confidentiality mechanism of the platform,and to pay attention to perfecting its protection mechanism for the legal supervision of investors,By clarifying the investment line of investors and the responsibility of the leaders to realize the path,further improve the exit channels of investors,and try to put forward the establishment of investor loss compensation mechanism,in order to better protect the rights and interests of investors legal protection.Through the study of these three angles of supervision,the author puts forward some feasible suggestions which are beneficial to the further improvement of the legal supervision system of equity crowdfunding in China.