The assignment is to be typed and presented in business report format including a cover letter, executive summary & table of contents, referencing, reference list / bibliography and appendices.
The body of the report should be within the word limits as stipulated for each question, excluding references, appendices, table of contents, transmittal letter, numerical tables, and executive summary. You are required to show the word count after each question.
Question 1 word limit: 2000 words
Question 1a. What is crowdfunding and how does it differ from conventional approaches to capital raising?
Question 1b. What are the potential implications for U.S. financial markets and in particular fundraising activities within the U.S. and globally?
Question 1c. Discuss the permissibility of such approaches within the Australian capital markets, i.e. is crowdfunding lawful within the Australian jurisdiction?
Question 1d. Having established that such fundraising mechanisms are not lawful within Australia, discuss whether enacting such legislation within Australia would be beneficial for;
ii. Companies wishing to raise capital
iii. Financial Institutions
In your answer to 1d. ensure that the potential challenges associated with such legislation are also considered.
Question 2 word limit: 1000 words
Question 2a. What is cryptographic currency, and how does it differ from conventional currency?
Question 2b. Cryptographic currencies have been particularly volatile, what are some
potential causes of the observed volatility? If applicable provide data to support your