US Congress House Bill 4915 (Prior Session Legislation)

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Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Introduced on June 19 2014 - 25% progression, died in committee
Action: 2014-06-19 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]

Helping Angels Lead Our Startups Act or the HALOS Act - Directs the Securities and Exchange Commission (SEC) to amend Regulation D (governing the limited offer and sale of securities without registration under the Securities Act of 1933) to make the prohibition against general solicitation or general advertising inapplicable to events with specified kinds of sponsors (including angel investor groups not connected to broker-dealers or investment advisers) where: presentations or communications are made by or on behalf of an issuer, the advertising does not refer to any specific offering of securities by the issuer, the sponsor does not engage in certain activities (such as offering investment recommendations or advice to attendees), and no specific information regarding a securities offering is communicated (other than that the issuer is in the process of offering or planning to offer securities, including the type and amount of securities being offered).

HALOS Act

Rep. Bradley Schneider [D-IL]

Rep. Steve Chabot [R-OH]

Rep. Jared Polis [D-CO]

Date	Chamber	Action
2014-06-19	House	Referred to the House Committee on Financial Services.

SB2498 (Same As) 2014-06-19 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Type	Source
Summary	https://www.congress.gov/bill/113th-congress/house-bill/4915/all-info
Text	https://www.congress.gov/113/bills/hr4915/BILLS-113hr4915ih.pdf