English
 
Help Privacy Policy Disclaimer
  Advanced SearchBrowse

Item

ITEM ACTIONSEXPORT
Add to Basket
  Local TagsRelease HistoryDetailsSummary

Released
Journal Article

The Regulation of Crowdfunding in the German Small Investor Protection Act: Content, Consequences, Critique, Suggestions

MPS-Authors
/persons/resource/persons196400

Hornuf,  Lars
MPI for Innovation and Competition, Max Planck Society;

External Resource

http://ssrn.com/abstract=2595773
(Preprint)

Fulltext (restricted access)
There are currently no full texts shared for your IP range.
Fulltext (public)
There are no public fulltexts stored in PuRe
Supplementary Material (public)
There is no public supplementary material available
Citation

Klöhn, L., Hornuf, L., & Schilling, T. (2016). The Regulation of Crowdfunding in the German Small Investor Protection Act: Content, Consequences, Critique, Suggestions. European Company Law, 13(2), 56-66.


Cite as: https://hdl.handle.net/11858/00-001M-0000-002A-E0B9-C
Abstract
The German Bundestag has adopted the Small Investor Protection Act on 23 April 2015, which will enter into force in the coming weeks. By this Act the German legislator establishes for the first time – among other things – a regulation of the German crowdfunding market. This article describes the content of the act as relevant to crowdfunding, identifies its probable consequences, and examines the most important rules with respect to their regulatory effects. The authors conclude that despite some modifications that have been made in the course of the legislative process there still is an urgent need of improvement regarding some provisions.