Research On Improving The Legal Supervision System Of The Public Equity Platform In China

Equity crowdfunding is a new method of equity financing based on Internet which involves platform,investor and financier.As the intermediary to provide investor and financier with services,the platform not only carries out the tasks ofmatching financing needs of both sides,but also takes some responsibilities to supervise the fundraising process.Equity crowdfunding platform in China now faces a number of legal risks,whose operation relates to the interests of financiers and investors,and the healthy developme nt of the industry.So it should be placed under the sound supervision system in order to prevent and control the legal risks.Chapter I summarizes the present development status and regulations of equitycrowdfunding platform in China.It introduces the definition of equity crowdfunding,the role the platform plays,and the developme nt status of the platform.Then it gives a brief introduction of the typical business models of the platfor m both in China and the United States,from which we find that the models of Chinese platform follow the American platform's.In addition,this chapter overviews the legislative status of the platform which has regulatory gaps.