The issue of regulation of crowdfunding

It is not unusual for a lawyer trained in economic and social law to be confronted with the question: why is this law so important that it should be the subject of a particular classification? This question is often problematic, but it raises the whole question of the interest of this law. As this interest crosses several domains, this work is limited to the financial domain, a sector that is indispensable to the promotion of wealth creation activities, i.e. economic development.The contemporary economic system which allows the acceleration of the performances of the world development, and which owes this prosperity to the idea of entrepreneurship, has difficulty in blossoming within the old system based on the traditional financial institutions which behave like true companies instead of being for these last ones true intermediaries of financing. As a result, this system would find better to be supplemented by the mechanism of crowdfunding. But without the intervention of the legislator, this mechanism, which has illustrious advantages in terms of financing, will be nothing but hot air. To avoid this, economic law exists.