MTI093: Crowdfunding Securities with Gregg Flinn


MTI093: Crowdfunding Securities with Gregg Flinn

Have you ever wanted to get in on some of those Shark Tank-like deals? The US Government has a new ruling that appears to let you do that now under Reg-CF.

In the past, you had to be an “accredited investor”, but with this new crowdfunding option, you may be able to put some money in the pot. As of May 16, 2016, the general public has the opportunity to participate in the early capital raising activities of start-up and early-stage businesses and companies can use crowdfunding to offer and sell their securities to the investing public.

Joining us today is the Chief Investment Officer at ALTZ Investment Strategies, Gregg Flinn, to explain how Reg-CF works and how we can get in on the action.

Gregg explains you can only make an offering from a portal. The portal, which is a website or mobile app from a broker-dealer or SEC-registered intermediary, is the first gatekeeper that screens out certain companies to have access to the crowdfunding.

If a company wants to raise $1M, the financials must be reviewed – although they don’t have to be audited. They also have to disclose if they have a “bad actor” (i.e.: An officer who has a past bankruptcy or been suspended by a regulatory agency). Finally, the business plan must be realistic and provide some level of education about the risks of investing in a crowdfunding arena.

Find more about Gregg Flinn:

Twitter: @greggflinn

Today’s Panelists

Joe Saul-Sehy | Stacking Benjamins
Miranda Marquit | Planting Money Seeds
Linda P. Jones | Be Wealthy and Smart
Doug Goldstein | Rich as a King

For a quick bio of each of our show participants, head on over to our panelists’ page.

Send us your questions for a future Listener Letters episode

Scroll to Top