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Voices of the Community
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...
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
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
Am I allowed to invest as much as I want in a company that is crowdfunding?
Under Regulation Crowdfunding, how much you can invest depends on whether you are an accredited or non-accredited investor.
Accredited Investors
Accredited investors are not subject to investment limits under Reg CF.
If you meet the SEC’s accredited investor criteria - such as high...
CfPA 2025 Summit
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>
Brainsy offers patented Software as a Service (SaaS) to power knowledge sharing networks for issuers, private companies, trade associations, professional societies, membership organizations, and media companies. Deploying a Brainsy powered ... more>
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 ... more>
ClearingBid
ClearingBid is the world’s first and only IPO network. ClearingBid opens IPO investing for all, drives true market-based pricing, assures equitable allocations, and creates economic value for companies, investors and ... more>
