CFIRA SLIDE final 9-02-14 pt2
The Growth Capital Summit
JOBS Act Title III - Final Rules
What-is-the-CFIRA V2

The Crowdfund Intermediary Regulatory Advocates (CFIRA), in a Not-for-Profit 501(c)6, that was established following the signing of the JOBS Act in April 2012.

Learn More

Why does CFIRA Matter

CFIRA serves as industry advocates for the Crowd Investing ecosystem.  With over 100 Members that comprises of Funding Platfroms, Broker Dealers, Service Providers, Investors and Entrepreneuer, we are here to make a difference in the capital market.

Learn More

What is the Legislation

On April 5, 2012, President Barack Obama signed the Jumpstart Our Business Startups Act (JOBS Act) into legislation, to catalyze funding for emerging growth companies and job creation.

Learn More

Why Become a Member

Become a Member of CFIRA if you want to make a difference by helping to democratize the capital markets for the thousands of underfunded emerging companies and investors seeking to make investments.

Learn More

CFIRA Commentary


JOBS Act: A Comparison Chart of Regulation A+ and Reg D offerings

Author: Sherwood Neiss and Jason Best, Crowdfund Capital Advisors Sixty days from when the final rules are posted to the Federal Register, a new version of crowdfunding for accredited and unaccredited investors will go live in the United States. This adds...
Read More

Regulation A+ and Testing the Waters

April 1, 2015, Author: Andrew Stephenson, Crowdcheck One of the most useful provisions of the Regulation A+ Rules issued by the SEC on May 25 is new Rule 255, “Solicitations of interest and other communications.” This provision allows companies to “test...
Read More

Déjà Vu 2012: A Zombie-Frankenstein JOBS Act 2.0 in the Works

Is JOBS Act 2.0 in the works?  D.J. Paul, the co-founder and board member of two crowdfunding industry organizations, the Crowdfunding Intermediary Regulatory Advocates and Crowdfunding Professional Association, “believes that there will be a JOBS Act 2.0.” Read More  
Read More

Vice chairman of the House Financial Services Committee

Staff report Rep. Patrick McHenry (R, NC-10) was named vice chairman of the House Financial Services Committee by chairman Jeb Hensarling on Wednesday, according to a press release McHenry’s office issued Thursday. McHenry, who also serves as the chief deputy...
Read More

17(b) Compliance

The capital markets are evolving at a rapid pace due to both new JOBS Act regulations and new ways to raise business capital online. An entire cottage industry has emerged around online fundraising/crowdfunding platforms, with promoters claiming to help companies...
Read More

International Crowdfunding Off to a Great Start

International crowdfunding is off to a great start. The United Kingdom released final rules and opened the market on April 1, 2014, and New Zealand approved two equity-based platforms, which has started connecting buyers and sellers online. The New Zealand...
Read More

CFIRA - Crowdfund Intermediary Regulatory Advocates

Despite this significant progress, there is much that the SEC still needs to accomplish. Completing the rulemakings and studies mandated by Congress in the Dodd-Frank and JOBS Acts remains among my top priorities.

Chairman Mary Jo White, Securities and Exchange Commission, Testimony before the Subcommittee on Financial Services and General Government Committee on Appropriations, United States Senate, May 14, 2014

The Commission has another great opportunity in its rulemaking for crowdfunding. Crowdfunding holds the promise of harnessing the power of the internet to provide capital for start-ups and small businesses that otherwise lack access to such capital.

EC Commissioner Kara M. Stein addressed the North American Securities Administrators Association (NASAA) at their 2014 Public Policy conference in Washington, DC., April 8, 2014