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.
Contributors
Champion of Social Good, The Super Crowd, Inc., a public benefit corporation,
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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
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Industry trade group representing the Regulated Investment Crowdfunding industry releases major policy platform with recommendations for change
Washington, DC (May 20, 2024) - The Crowdfunding Professional Association (CfPA), the leading trade group representing the Regulated Investment Crowdfunding industry, announced the board's approval of a Policy Platform containing eighteen recommendations for the industry. Through these recommendations, the CfPA intends to advance the fledgling industry, which has enabled over 6,500 companies to raise more than $2.4 billion from millions of non-accredited investors in the eight years since the industry's rules came into effect.
"The CfPA Policy Platform represents the concerns and interests of a wide range of stakeholders in the Regulated Investment Crowdfunding industry," stated Brian Christie, the 2024 President of the CfPA. “Broad adoption of the platform’s recommendations by industry participants, regulators, and lawmakers...more
Posted at 5/20/2024 2:03:49 AM