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

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

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

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 Urges Department of Labor to Provide a Meaningful Fiduciary Safe Harbor for Alternative Assets in Retirement Plans

WASHINGTON, D.C. – May 27, 2026

The Crowdfunding Professional Association (CfPA) announced that its public comment letter to the U.S. Department of Labor is now available on Regulations.gov, responding to the Department’s proposed rule, “Fiduciary Duties in Selecting Designated Investment Alternatives” (RIN 1210-AC38).

The proposed rule would clarify how ERISA’s duty of prudence applies when plan fiduciaries select designated investment alternatives for participant-directed retirement plans, including asset allocation funds that may include alternative assets.

CfPA commended the Department for advancing a process-based, asset-neutral framework that preserves fiduciary discretion while recognizing the evolving role of private-market investment opportunities. At the same time, CfPA urged the Department to make the proposed safe harbor more practical by adding objective criteria and documentation thresholds that fiduciaries can apply consistently.

“Expanding access to private markets shou...more