股权众筹为解决中小微初创企业的融资难、融资贵问题开辟了一条新途径。针对投融资关系的法律监管存在着主体准入和退出机制缺乏、缺少领投人与跟投人制约机制、未对信息披露机制作出合理规定、投资者投后管理机制不健全等问题,按照投资者和融资者的不同地位,应采用不同的法律路径,具体包括健全股权众筹投融资者准入机制和退出机制、实行适额公开发行豁免制度、建立第三方支付清算体系、投资撤回制度,信息披露制度等,以此从根本上完善股权众筹投融资者监管制度 Crowdfunding for equity has opened up a new avenue for solving the financing difficulties and financing problems of small and medium-sized start-ups. The legal supervision of the relationship between investment and financing exists problems such as the lack of access to and exit from the main body, the lack of a mechanism for controlling capitals and investors, the absence of a reasonable disclosure of information disclosure mechanism, and the imperfect management mechanism of investors after investment and management. According to the investment The different positions of lawsuit holders and financiers should adopt different legal approaches, including improving the access and exit mechanisms for equity crowdfunding investors and financiers, implementing the system of exemption from public offering of adequate quotas, establishing a third-party payment and settlement system, an investment withdrawal system, Information disclosure system, etc., in order to fundamentally improve the regulatory system of equity crowdfunding and financing