Crowdfunding Professional Association (CfPA)
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.
Executive Director, Chair, WEconomy
Champion of Social Good, The Super Crowd, Inc., a public benefit corporation,
Vice President of Product, KingsCrowd
Attorney and Capital Raising Coach,
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
The MEMO below was posted for the industry by CfPA 2024 President, Brian Christie
TO: All Industry Participants in the Regulated Investment Crowdfunding Industry
CC: CfPA Board of Directors
FROM: Brian Christie, President (2024), Crowdfunding Professional Association, 501(c)(6)
DATE: February 16, 2024
SUBJECT: CfPA Recommended Best Practice: “Regulated Investment Crowdfunding”
Dear Industry Colleague:
I am writing on behalf of the Crowdfunding Professional Association (CfPA) to inform you of an industry Recommended Best Practice that was adopted and approved by the CfPA Board of Directors on January 8th, 2024.
The CfPA board recommends that all industry stakeholders hereby use the term 'Regulated Investment Crowdfunding' as an umbrella term and when referring to transactions, activities, and operations that may involve non-accredited investors a...morePosted at 2/16/2024 6:38:00 AM