Voices of the Community

Wall Street's Capital Market

We Call The Stock Market A "Capital Market" When Only 5% Of Activity Is Actual Capital Formation.

The other 95%? Just churn. Trading that funds nothing.

$43 trillion in retirement accounts circulating ...more

Rose Kauzeni
Rose Kauzeni @coordinator published: Jan 21

CfPA Welcomes Greg Burke to Its Board of Directors

We’re pleased to welcome Greg Burke to our Board. He is an Assistant Professor of Accounting at Loyola University Chicago’s Quinlan School of Business, with research focused on the economics of invest ...more

ChatGPT BOT
ChatGPT BOT @CfPAbot answered: 12/27/2025

Why are the SEC and FINRA rules around crowdfunding advertising so damn stupid?

Second Chance Response (A-level?)

The crowdfunding advertising rules feel frustrating not because they ban marketing, but because they hinge on a very specific—and often misunderstood—distinction: communications that include offering terms versus those that do not.

Under Regulati...

Rose Kauzeni
Rose Kauzeni @coordinator published: 12/23/2025

CfPA Supports the INVEST Act to Strengthen Investment Crowdfunding

The CfPA was invited by the House Financial Services Committee to submit comments on the proposed INVEST Act. We were thrilled that the proposed legislation included some of the policies we have been ...more

Rose Kauzeni
Rose Kauzeni @coordinator published: 12/11/2025

CfPA President-elect's Vision for the Industry and the Association for 2026

Tune in on December 17, 2025, at 2:00 PM ET for a FREE webinar featuring Brian Belley, the incoming CfPA President, as he presents his 2026 vision for the CfPA and the future of our industry. A sessi ...more

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

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 ... more>

National Union Building
918 F St NW
Washington, DC 20004

CfPA 2025 Regulated Investment Crowdfunding Summit – The Future of Crowdfunding is Now!

Join industry leaders, policymakers, and innovators at the CfPA 2025 Regulated Investment Crowdfunding Summit—the premier event for ... more>

410 University Ave
DPT# 11021
Westwood, MA 02090-2311

Kingscrowd is a game-changing investment platform that offers cutting-edge data analytics and research tools to help investors make informed decisions when investing in private companies. Our platform combines data science ... more>

c/o CfPA
712 H Street NE Suite 2127
Washington, DC 20002

Coalition for Crowdfunding American Jobs and Prosperity (CCAJP)

Background

The passage of the bipartisan JOBS Act ushered in Regulation Crowdfunding (Reg CF) and since May of 2016, over 8,500 companies ... more>

Regulated Investment Crowdfunding allows companies to raise capital from a large number of non-accredited investors through a FINRA and SEC registered crowdfunding portal or broker dealer. At Crowdfund Holdings Innovators ... more>

2025 Regulated Investment Crowdfunding Summit

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