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我国股权众筹在快速发展的同时,也暴露出一些风险和问题,在平台定位、投资者保护、纠纷解决等方面亟需相应监管制度的完善。我国股权众筹监管制度建设尚处于探索阶段,需要在借鉴国际经验的基础上结合国情统筹考虑,既发挥其对行业发展的促进作用又要合理控制风险。在监管制度设计上应把握有利于资本形成、投资者保护、创新发展的原则,一方面完善法律制度、信用制度等外部监管制度,另一方面强化平台准入、信息披露、投资限额、资金托管、行业自律等内部监管制度。
While the rapid development of China’s equity crowdfunding, some risks and problems are also exposed, and the improvement of the corresponding regulatory system is urgently needed in terms of platform positioning, investor protection and dispute resolution. China’s equity crowdfunding supervision system is still in the exploratory stage, and needs to take into consideration the international experience on the basis of its national conditions and overall consideration, both to play its role in promoting the development of the industry but also to properly control the risk. The regulatory system should be designed to grasp the principles conducive to the formation of capital, protection of investors, innovation and development, on the one hand to improve the legal system, credit systems and other external regulatory system, on the other hand, strengthen platform access, information disclosure, investment limits, fund trusteeship , Industry self-regulation and other internal supervision system.