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The Kleinanlegerschutzgesetz (Small Investor Protection Act), the law regulating crowdfunding in Germany went into force on the 10th of July 2015. A year after, the German Crowdfunding Association takes stock of its positive impact on the German crowdinvesting market and points to strong needs for improvement.

As the name of the law reflects, the legislator’s intention when publishing this law was to better protect investors from dubious offerings of securities after several bankruptcies occurred in the grey capital market.

Image: https://www.crowdfundinsider.com