Rep. Mike Flood Advocates for INVEST Act to Expand Startup Capital Access

The INVEST Act of 2025

• 🎯 The INVEST Act of 2025 is a bipartisan legislative package aimed at expanding access to capital for startups and small businesses.
• 💡 It seeks to create new pathways for retail investors and provide greater opportunities for more Americans.

Equal Opportunity for All Investors Act

• 🔑 A key component highlighted is the Equal Opportunity for All Investors Act, led by Rep. Mike Flood.
• 🧠 This bill proposes expanding the definition of an accredited investor to include individuals who demonstrate knowledge through an SEC-written and FINRA-administered exam.
• ⚖️ Currently, accredited investor status is primarily based on wealth and income; this bill introduces knowledge as a determining factor.

Balancing Sophistication and Accessibility

• 🔬 The proposed examination aims to strike a balance between rigorously testing investor sophistication and maintaining an accessible standard.
• ✅ The goal is to ensure that even intelligent investors can pass the exam, thereby opening up investment opportunities not generally available to the public, such as private offerings.