In this article we consider the initial value problem for the m -equivariant Chern–Simons–Schrödinger model in two spatial dimensions with coupling parameter g \in \mathbb R . This is a covariant NLS type problem that is L^2 -critical. We prove that at the critical regularity, for any equivariance index m \in \mathbb Z , the initial value problem in the defocusing case ( g < 1 ) is globally wellposed and the solution scatters. The problem is focusing when g \geq 1 , and in this case we prove that for equivariance indices m \in \mathbb Z , m \geq 0 , there exist constants c = c_{m, g} such that, at the critical regularity, the initial value problem is globally wellposed and the solution scatters when the initial data \phi_0 \in L^2 is m -equivariant and satisfies \| \phi_0 \|_{L^2}^2 < c_{m, g} . We also show that \sqrt{c_{m, g}} is equal to the minimum L^2 norm of a nontrivial m -equivariant standing wave solution. In the self-dual g = 1 case, we have the exact numerical values c_{m, 1} = 8\pi(m + 1) .