The higher the voice changes, etc. [Korea goyounghun financial newspaper reporter] is deregulated for wading crowdfunding introduced a year. External market scale is growing, but the industry is still far to collect and wear the way.
According to the 3rd financial investment industry, 'KRX start-up market (KSM) was jeonmaeje' success on the crowdfunding company from day be released. Crowdfunding shares dwaeteuna to protect him, and restrictions on reselling one year Depository Financial Services Commission will decide to allow resellers starting this month. Exchange side is due to the abolition of this one jeonmaeje expected to lead to an investment fund reinvestment becomes the middle of a small number of investors possible.
But the industry is offering an entirely different view. KSM opened the door to expanding investment opportunities in start-up companies in November last year is due to a flurry of Paris, just four months. Last month, four weeks based on trading volume, trading volume is poor grades of 1.08 million won.
Securities type crowdfunding was conducted in accordance with the Capital Market Law Decree from 25 January last year. Year 2016 261 suggested dwaetjiman funding the project proceeds successfully in more than 120 success rate is about 46%. Currently online microfinance investment intermediaries are only two investment companies in the Wadi's 14, the industry's top manufacturers such as open trade driven.
Last year, funding was obtained from one month to the last 15 days are about 20 billion won but the commission does not have a lot of money going to companies that earn a 5% level. Not quite a few vendors that sheds deficit This company is also considering the closure. Things yireotda I do not participate in the securities of IBK Investment & Securities and Korea Investment & Securities assets except yireotdahal players selected in the SME-specific investment bank.
The recent funding success rate for level also 50% of the two securities Kiwoom, Eugene Investment & Securities and KTB Investment & Securities, including actively do not dive in the business. The industry itself is growing pie is good, but you still need to discuss the commission. Top 1-2 is about 70% of the funding in the amount of flock provider of Wadi jeuwa open up trade. But this is not about financial authorities naenotji the specific measures.
Finance Committee that this side is forced out of the capital markets less competitive companies said that the logic of the market can not help the financial authorities.
In response, an industry official said, "The financial authorities are strongly suggested to protect investors and logical about the different interpretations of the penile vendors dual logic" tweaked.
Investment flocking to private investors are also subject matter. In January, the FSC said dalhandago private investor rate of one year crowdfunding investors is 93%. This did not change as much as a month basis. One month in March crowdfunding investors amounted to a total of 1,224 people to 1,160 people a dual retail investors. Crowdfunding participants consists of three classes of private investors and qualified investors and professional investors. This is the passage that shows the need for deregulation of qualified investors and professional investors.
Currently retail investors may invest up to 5 million won per year in the venture, the amount of eligible investment in the annual investment limit increased to yimajeodo February 2000 Yuan. Professional investors have no investment restrictions. Industry insiders said the purpose of the crowdfunding won first place due to a Seon Sunhwan of capital market investors but the market participation of private individuals should also be escalation in investments in eligible investors.
Crowdfunding industry has reported that a practical mitigation regulations require. Crowdfunding company official claimed that the need to improve the income and deductions received during reorganization of year-end tax settlement for advertising and promotional investments. Such officials "venture yet to widen the scope of tax deduction applied to the superior technology of entrepreneurship within three years," he said. Following "The funding measures that enable risk reduction or exemption from capital gains tax deal Sena such as investing in a larger target should also be reviewed," he said.
Other officials pointed out, "is a crowdfunding not only eroding the financial perspective and the perspective of investment" and "would be understood as a flow of capital markets is important for exchange of opinions between the current authorities should not the biggest problem." Also it found that the opinions and Industry, FSC, Small Business Administration, Depository, Korea Financial Investment Association and various organizations and relevant itgie seems urgent that these precise control tower that can be a brother.
In February, SMBA has a bar gives the benefit of foreign brokers in promising start-up funding to embellish the above financial companies and dissonance.
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