Research On Information Disclosure System Of Internet Equity Crowdfunding Platform

Based on the current status of information disclosure on the Internet equity crowdfunding platform,analyze the existing problems of information disclosure on the Internet equity crowdfunding platform,refer to the specific practices of information disclosure of listed companies in China and the Securities Law,and learn from foreign advanced laws and regulations experience to improve China.The information disclosure system of the Internet equity crowdfunding platform proposes corresponding countermeasures.Specifically,this article discusses the issues and improvement measures of information disclosure of China's Internet equity crowdfunding platform from the following four parts.The first part is a basic explanation of information disclosure on the Internet equity crowdfunding platform.First,based on the general meaning of information disclosure and the particularity of information disclosure on the Internet equity crowdfunding platform,summarize the connotation of the information disclosure on the Internet equity crowdfunding platform,then explain the content of the information disclosure on the Internet equity crowdfunding platform based on its particularity,and finally reveal the Internet Four levels of information disclosure on equity crowdfunding platforms.The second part analyzes the information disclosure status of the Internet equity crowdfunding platform,including two aspects: practice and legal adjustment.In terms of practice,first enumerate three cases,and then summarize the current status of practice;in terms of legal adjustments,summarize the current laws and regulations on information disclosure in China,mainly including the "Securities Law","Company Law" and the information disclosure system of the Internet equity crowdfunding platform It is required to summarize the objective current situation of the legal adjustment of the information disclosure system of the Internet equity crowdfunding platform.The third part adjusts the status quo according to practice and law,and then summarizes the three issues of information disclosure on the Internet equity crowdfunding platform,including the fuzzy division of the duties of the main body of the information disclosure obligation,the uncertainty of the content and form of the information disclosure,and the unclear responsibility and standards of information disclosure.In the fourth part,by studying the information disclosure system of the domesticsecurities industry and listed companies;drawing on advanced practices outside the region,and proposing the corresponding measures to improve the information disclosure system of the Internet equity crowdfunding platform in light of the problems existing in the information disclosure of the Internet equity crowdfunding platform,Including expanding the scope of the main body of Internet equity cro wdfunding platform information disclosure;adopting a variety of Internet equity crowdfunding platform information disclosure methods;constructing three major standards for Internet equity crowdfunding platform information disclosure,that is,materiality,differentiation,and appropriateness;construction Evaluation system for information disclosure of Internet equity crowdfunding platforms;and improving the responsibility mechanism for information disclosure for Internet equity crowdfunding platforms.The information disclosure system of China's Internet equity crowdfunding platform is peculiar.It cannot blindly copy the “Securities Law”,listed company information disclosure measures and advanced extraterritorial practices.Instead,it must start with the market environment,legal regulations,and focus on problems to clear positioning in order to improve the information disclosure system of China's Internet equity crowdfunding platform.