On the record.

SEC Filings

Third Supplement: Conforming Relief and New Market Evidence

Crowdfund Capital Advisors, LLC | SEC File No. 4-914

Responds to the public comment record, requests conforming Rule 12g-6 and Section 12(g) relief, and adds evidence on geographic access to capital, repeat issuers and near-cap offering behavior.

Podcasts & Events

How the JOBS Act Unlocked $3B for Startups

Sherwood Neiss | The Aebli Group

Sherwood Neiss discusses the JOBS Act, the development of investment crowdfunding and what the market’s performance record shows.

SEC Filings

Second Supplement: Statutory Authority for the Cap Increase

Crowdfund Capital Advisors, LLC | SEC File No. 4-914

Clarifies that the requested amendment rests on Securities Act Sections 28 and 19(a), rather than Section 3(b), and addresses anticipated objections to the Commission’s exemptive authority.

SEC Filings

First Supplement: Market Data and Crowdfunding Vehicles

Crowdfund Capital Advisors, LLC | SEC File No. 4-914

Adds updated CCLEAR evidence on split financing rounds and recommends changes to Rule 3a-9 voting, management and disclosure requirements for crowdfunding vehicles.

SEC Filings

Petition to Raise the Regulation Crowdfunding Limit to $20 Million

Crowdfund Capital Advisors, LLC | SEC File No. 4-914

First submitted January 2026, resubmitted and docketed July 13, 2026. Petition requesting a $20 million offering limit with inflation indexing, supported by evidence on near-cap issuers and repeat capital raises. The second supplement clarifies the statutory authority cited in this original petition.

SEC Filings

Comment on Registered Offering Reform

Crowdfund Capital Advisors, LLC | SEC File No. S7-2026-17, Release No. 33-11418

Supports the registered offering reform proposal and urges consistent disclosure-based treatment for secondary trading of exempt securities while preserving state anti-fraud authority.

Media

Crowdfund Capital Advisors Creates “Crowdfinance Indices”

Crowdfund Insider

CCA launches daily indices tracking capital committed, investor participation and companies raising across Reg CF.

Media

Founder Tells SEC, Congress to Improve Secondary Markets for Crowdfunded Securities

Crowdfund Insider

Coverage of Sherwood Neiss’s statement to the SEC advisory committee and letter to the House Financial Services Committee on secondary trading.

SEC Filings

Shedding Light on the Private Secondary Market

Sherwood Neiss | SEC Small Business Capital Formation Advisory Committee

Written statement for the record on retail investor liquidity, state Blue Sky barriers, standardized disclosure and secondary trading infrastructure. Submitted to an SEC advisory committee, not a congressional hearing.

Media

GUARDD CEO Tells SEC They Have Solution for Exempt Securities Trading

Crowdfund Insider

Coverage of the GUARDD letter to the SEC proposing Qualified Disclosure Publishers for secondary trading of exempt and tokenized securities.

Podcasts & Events

Crowdfunding Sparked the Rise of the Customer-Investor

Sherwood Neiss | Alchemist Accelerator

Sherwood Neiss discusses how investment crowdfunding developed and how customers can become investors in businesses they support.

Podcasts & Events

Meet the Architect of the JOBS Act & How Crowdfunding Has Changed Capital

Sherwood Neiss | The Unconventional Investor

A conversation about the JOBS Act, INVESTOMERS and the changing paths available to startups and retail investors.

Podcasts & Events

Raise Money without VC

Sherwood Neiss | Behind Their Success: Advice for Entrepreneurs

Sherwood Neiss discusses alternatives to venture capital and how founders can raise capital from customers and communities.

Media

Trends Watch: VC Investing Utilizing AI

EisnerAmper

Interview with Sherwood Neiss on data science, AI and Reg CF as a source of early-stage venture deal flow.

Media

Data Shows Investment Crowdfunding Benefits More Democrat Than Republican Districts

Crowdfund Insider

Coverage of Sherwood Neiss’s CfPA Summit presentation on where Reg CF capital is raised by congressional district.

Media

CCA Founder Comments on Senator Tim Scott’s Legislation

Crowdfund Insider

Coverage of Sherwood Neiss’s letter supporting the Empowering Main Street in America Act of 2024.

Media

Sherwood Neiss Responds to Article in WSJ That Hammered Reg A+

Crowdfund Insider

Sherwood Neiss’s letter to the editor responding to The Wall Street Journal’s critique of Regulation A.

Media

Crowdfund Capital Advisors Shares Guidelines for Submitting Form C-AR

Crowdfund Insider

Coverage of CCA’s free step-by-step guide to filing the Reg CF annual report.

Media

Support the “Expanding Access to Capital Act”

Main Street Journal

Commentary highlighting Sherwood Neiss’s rebuttal to NASAA’s opposition to the Expanding Access to Capital Act.

Media

Neiss Advocates for Economic Growth via H.R. 2799

NCFA Canada

Coverage of Sherwood Neiss’s letter to congressional leaders supporting H.R. 2799.

SEC Filings

Comment on Expanding Access to Capital in Private Markets

Crowdfund Capital Advisors, LLC | SEC File No. S7-05-20

Historical comment supporting the proposed increase to a $5 million Reg CF limit, revised investor limits and crowdfunding vehicles, with market evidence available in May 2020.

Media

Business Success Strategies: Equity Crowdfunding to Enter a New Phase for Main Street and Startups

Small Business & Entrepreneurship Council

Q&A with Sherwood Neiss ahead of Title III going live on May 16, 2016, covering what Reg CF means for Main Street businesses and startups.

Media

Sherwood Neiss Explains Title III Equity Crowdfunding (Video)

Crowdfund Insider

Video of Sherwood Neiss explaining what changed with the final Title III rules under the JOBS Act.

Testimony

SEC’s Crowdfunding Proposal: Will It Work for Small Business?

Jason Best | U.S. House Committee on Small Business, Subcommittee on Investigations, Oversight and Regulations

Testimony on the SEC’s proposed crowdfunding rules, compliance costs, investor protection and research into crowdfunding’s effects on hiring and follow-on capital.

Testimony

Implementing Title III of the JOBS Act

Sherwood Neiss | U.S. Senate Committee on Banking, Housing and Urban Affairs, Subcommittee on Securities, Insurance and Investments

Testimony on the proposed Regulation Crowdfunding framework, funding portal rules, issuer compliance and access to capital for entrepreneurs.

Testimony

Equity Finance: Catalyst for Small Business Growth

Jason W. Best | U.S. House Committee on Small Business, Subcommittee on Economic Growth, Tax and Capital Access

Testimony following the JOBS Act’s signing on crowdfunding, small business financing, investor education and the SEC rulemaking process. The PDF and alternate Word version are grouped under this single hearing.

Media

Why You Can Feel Good About the JOBS Act

Inc.

Sherwood Neiss and Jason Best answer the fraud concerns raised while the JOBS Act was moving through Congress, just before President Obama signed it into law.

Testimony

Crowdfund Investing: A Solution to the Capital Crisis Facing Our Nation’s Entrepreneurs

Sherwood Neiss | U.S. House Subcommittee on TARP, Financial Services, and Bailouts of Public and Private Programs

Testimony presenting the Startup Exemption framework, investor safeguards and proposed securities-law reforms to enable Americans to fund startups and small businesses.

Testimony

Reversing the Decline in Capital Formation

Sherwood Neiss | U.S. House Committee on Oversight and Government Reform

Testimony on modernizing securities laws, the proposed crowdfunding exemption and balancing small business access to capital with investor protection.

Podcasts & Events

Publication date not listed

D3VC's Unique Data Advantage

Sherwood Neiss | Conversation with Tom Sloan

A conversation with Tom Sloan about D3VC’s origins, CCLEAR’s complete Regulation Crowdfunding dataset and data-driven capital deployment.

Podcasts & Events

Publication date not listed

Aayaam 360 Innovation

Sherwood Neiss | Aayaam 360 Podcast

An Aayaam 360 conversation on innovation, AI-driven venture investing and D3VC’s approach to early-stage companies.

Podcasts & Events

Publication date not listed

How I Raised it

Sherwood Neiss | How I Raised It

Sherwood Neiss explains crowdfunding models, Reg CF, Reg D and Reg A, and considerations for founders planning a capital raise.

Podcasts & Events

Publication date not listed

$5M Startup Funding

Sherwood Neiss | $5M Startup Funding

A discussion of Regulation Crowdfunding, data, AI and early-stage venture investing with Sherwood Neiss.

Podcasts & Events

Publication date not listed

Passionate Living Through Passive Investing Podcast

Sherwood Neiss | Passionate Living Through Passive Investing

A conversation about customer-investors, community-driven capital, the Reg CF offering limit and AI in early-stage investing.

Podcasts & Events

Publication date not listed

The Deal Scout

Sherwood Neiss | The Deal Scout

A discussion of how crowdfunding and venture capital interact in early-stage financing.

Podcasts & Events

Publication date not listed

The Angel Next Door Podcast

Sherwood Neiss | The Angel Next Door

Sherwood Neiss explores how investment crowdfunding can complement traditional startup fundraising.

Podcasts & Events

Publication date not listed

Compassionate Capitalist Show

Sherwood Neiss | The Compassionate Capitalist Show

A conversation on data-driven early-stage finance and the role of customer-investors.

Podcasts & Events

Publication date not listed

Capital Ideas

Sherwood Neiss | Capital Ideas | ICAN

Sherwood Neiss reviews investment crowdfunding trends from 2023.

Podcasts & Events

Publication date not listed

Health Care Originals Podcast

Sherwood Neiss | Health Care Originals

A conversation with Health Care Originals CEO Sharon Samjitsingh about D3VC’s investment in the company, data signals and founder-market fit.

Podcasts & Events

Publication date not listed

Navigating Success: From Crowdfunding Legislation to Entrepreneurial Triumph

Sherwood Neiss | AltFunds

Sherwood Neiss discusses his entrepreneurial journey, crowdfunding legislation and the use of data and technology in startup capital formation.

Podcasts & Events

Publication date not listed

Mission Matters Podcast

Sherwood Neiss | Mission Matters

Adam Torres and Sherwood Neiss discuss Regulation Crowdfunding, traditional funding methods and considerations for business owners and investors.