Champions of Change Ceremony for Crowdfunding Pioneers

NEW YORK - May 29, 2013 - PRLog -- The White House Office of Public Engagement announced  the recipients of its Champions of Change recognition. This recognition is given to outstanding citizens who spark and spread movements that boost the future of America.  

These champions will be honored in a ceremony to be held on June 4 at the White House.  “The event will honor entrepreneurs who exemplify the promise of crowdfunding to fuel the growth of startups, small businesses, and innovative projects across the nation.”

One of the early adopters of crowdfunding who has been invited to grace this important event is David Drake, Founder and Chairman of LDJ Capital in New York City and of The Soho Loft (TSL), an event-driven financial media company, which promotes and facilitates capital formation for the private company marketplace (PCM).

Mr. Drake is the co-founder and founding Executive Committee Board Member of the Crowdfunding Professional Association (CFPA.org) - a national and global trade association with the leading global crowdfunding platforms as members. He is also a Founding Board Member of the CrowdFund Intermediary Regulatory Advocates (CFIRA) Executive Committee, the leadership group heading up US crowdfunding for equity developments.  Mr. Drake is an expert and a thought leader on the USA JOBS Act (Jumpstart Our Business Startups Act), including Reg A+, Reg D 506, Crowdfunding Capital, and Onramp IPO. Mr. Drake was involved in lobbying senators and congressmen for the said Act, which the President signed into law April 5, 2012. The Securities and Exchange Commission is now working with CFIRA.org to identify best practices in the crowdfunding industry.

On the Champions of Change, Mr. David Drake has this to say, “These fellow leaders have tirelessly worked towards a new future for our generation.  The legal challenges behind the SEC 1933, 1934, and 1940 Acts are being hurdled, and we are sprinting towards a brighter future; thanks to this generation of crowdfunders.  I am proud to have been able to work with crowdfunders all over the world and will, without fatigue, continue to write about it on a regular basis.”

About The Soho Loft (www.thesoholoft.com)

The Soho Loft (TSL) is a global financial media company with divisions in expos and publishing. As a corporate strategy and advisory services company specializing in financial innovation, it uses the combined events and media platforms to advance innovative investing for startup entrepreneurs and small and medium-sized enterprises. TSL provides visionary leadership and relevant education in the areas of capital formation, crowdfunding, angel networking, non-conventional funding, EB-5 green card programs, microfinancing, venture capital, private equity and hedge funds. A subsidiary of LDJ Capital based in New York City, USA, its founder and Chairman, David Drake, is a founding member of Crowdfund Intermediary Regulatory Advocates (CFIRA) and of Crowdfunding Professional Association (CFPA). He continues to be a strong advocate of the US JOBS Act (Jumpstart Our Business Startups Act) and other entrepreneurial and angel investment policies  through his work as an international speaker and writer.

For press inquiries, contact cc@thesoholoft.com.