Crowdfund Intermediary Regulatory Advocates (CFIRA), is a Not-for-Profit 501(c)(6), and was established following the signing of the Jumpstart Our Business Startups (JOBS) Act. It was formed by the industry’s thought leaders who pioneered the first Crowdfunding Act to serve as advocates and lobbyist for the industry.

CFIRA works alongside the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), and other governmental and quasi-governmental entities to help establish rules, industry standards and best practices.

The membership of CFIRA is composed of Intermediaries (Crowdfunding Platforms and Broker Dealers), Investors, Issuers, Third Party Service Providers (such as Technology Vendors, Attorneys, Accountants), and other crowdfunding related service providers.