Crowdfunding Professional Association (CfPA)

Board of Directors
712 H Street NE Suite 2127
Washington, DC 20002

The Crowdfunding Professional Association (CfPA) is a 501 (c)(6) nonprofit trade group that was established shortly after the signing of the Jumpstart Our Business Startup Act ("JOBS Act") on April 5, 2012. The CfPA is dedicated to equitably representing the Crowdfunding industry and supporting the Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) during the rule making period while providing the industry with education, professional networking opportunities and the tools necessary to cultivate a balanced and healthy ecosystem that will accelerate capital formation and ensure investor protection. Our mission is to create a strong and viable trade association for this new and emerging industry that supports the development of its members and encourages participation and awareness in crowdfund investing across the globe. The CfPA will help members get connected and stay networked in the Crowdfunding industry through CfPA communications, events and growing benefits. CfPA promotes industry best practices through educational events for all constituents in the crowdfunding ecosystem.

Contributors

Brian Belley
CTO, Kingscrowd

Brian Belley Reg CF Online Courses Teacher Engineer Entrepreneur Equity Crowdfunding Investor Investor Crypto Equity Investing P2P Education Education & Training P2P Lending

Jenny Kassan
Attorney and Capital Raising Coach,

attorney

Brian Christie
Executive, Brainsy | BioTech Social Inc.

Entrepreneur intrapreneur Inventor Innovator Start-up CEO FinTech impact investing

Jason Fishman
Co-Founder and CEO of DNA (Digital Niche Agency) & Podcast Host, DNA (Digital Niche Agency)

Andrew Stephenson
Chief Product Officer, Partner, CrowdCheck, CrowdCheck Law LLP

Scott McIntyre
Executive Director, Chair, WEconomy

catalyst entrepreneur strategy development marketing finance crowdfunding entertainment photography sustainability impact investing policy education education technology edtech Equity Crowdfunding Rewards & Donation Crowdfunding Pre-Sales Crowdfunding Crowdfinance Education & Training Funding Portals Small Business Finance Community Development Economic Sustainability venture development hemp cannabis

Devin Thorpe
Champion of Social Good, The Super Crowd, Inc., a public benefit corporation,

crowdfunding nonprofit social entrepreneurship impact investing philanthropy fundraising corporate social responsibility CSR

Contacts

Highlights

In pursuit of our mission, we will adhere to some key principles: 1) Identify opportunities where the application of ideas, people and capital formation will benefit the organization and society in significant and measurable ways 2) Develop innovative programs leading to practical, sustainable solutions that are widely accepted and implemented globally 3) Partner with others to leverage our resources and capabilities while avoiding the creation of dependency

Q&A

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Crowdfunding Professional Association (CfPA)
CfPA Introduces Industry Best Practice for Reg CF Annual Reporting

The Crowdfunding Professional Association (CfPA) has introduced a new industry Best Practice designed to help companies raising capital under Regulation Crowdfunding better understand their ongoing SEC reporting responsibilities.

Companies that sell securities through Regulation Crowdfunding are generally required to file an annual report on Form C-AR within 120 days of the end of their fiscal year and post the report on their website. Annual reporting continues until the company qualifies to terminate its reporting obligation under SEC rules and files Form C-TR.

While compliance with these requirements remains the responsibility of the company—not the funding portal or broker-dealer that facilitated the offering—CfPA believes the industry can help reduce inadvertent noncompliance by making these obligations clear before an offering begins.

Under the new Best Practice, CfPA encourages Reg CF intermediaries to consider incorporating an acknowledgment of ongoing reporting responsibilitie...more