All Information (Except Text) for S.588 - HALOS Act115th Congress (2017-2018)
|Sponsor:||Sen. Murphy, Christopher [D-CT] (Introduced 03/09/2017)|
|Committees:||Senate - Banking, Housing, and Urban Affairs|
|Latest Action:||Senate - 06/26/2018 Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-354. (All Actions)|
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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries
Short Titles - Senate
Short Titles as Introduced
Helping Angels Lead Our Startups Act
Actions Overview (1)
|03/09/2017||Introduced in Senate|
03/09/2017 Introduced in Senate
All Actions (2)
|06/26/2018||Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-354.|
|03/09/2017||Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.|
Action By: Senate
06/26/2018 Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-354.
03/09/2017 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|Sen. Thune, John [R-SD]*||03/09/2017|
|Sen. Schatz, Brian [D-HI]*||03/09/2017|
|Sen. Toomey, Pat [R-PA]*||03/09/2017|
|Sen. Heitkamp, Heidi [D-ND]*||03/09/2017|
|Sen. Tillis, Thom [R-NC]||03/27/2017|
|Sen. Corker, Bob [R-TN]||09/04/2018|
|Committee / Subcommittee||Date||Activity||Reports|
|Senate Banking, Housing, and Urban Affairs||03/09/2017||Referred to|
Subject — Policy Area:
One Policy Area term, which best describes an entire measure, is assigned to every public bill or resolution.
Latest Summary (1)
Introduced in Senate (03/09/2017)
Helping Angels Lead Our Startups Act or the HALOS Act
This bill directs the Securities and Exchange Commission (SEC) to revise Regulation D, which exempts certain offerings from SEC registration requirements but prohibits general solicitation or general advertising with respect to such offerings. Specifically, this prohibition shall not apply to events with specified kinds of sponsors, including "angel investor groups" unconnected to broker-dealers or investment advisers, where presentations or communications are made by or on behalf of an issuer but:
- the advertising does not refer to any specific offering of securities by the issuer;
- the sponsor does not provide investment recommendation or advice to attendees, engage in investment negotiations with attendees, charge certain fees, or receive certain compensation; and
- no specific information regarding a securities offering is communicated beyond the type and amount of securities being offered, the amount of securities already subscribed for, and the intended use of proceeds from the offering.