CoinVoice has recently learned that, according to Crowdfund Insider, the Crowdfunding Professional Association (CfPA) has issued a statement criticizing Republic's 'Mirror Tokens' product.
CfPA believes that these tokens raise serious questions about whether they comply with the purposes of U.S. crowdfunding regulations (Regulation Crowdfunding, Reg CF) and the investor protection framework. While CfPA supports the proliferation of investment opportunities, it opposes Republic's Mirror Tokens because these 'synthetic tools' deviate from the legal core intent of directly funding small businesses and promoting community economic growth. [Original link]