HALOS Act

Summary

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).

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Timeline

1. 19 June 2014

   Introduced

   Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

   Source: IntroReferral

2. 19 June 2014

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 19 June 2014 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 19 June 2014

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 19 June 2014

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 19 June 2014

  Open at official source

Sponsors

• Christopher Murphy · D · Sponsor
• John Thune · R · Sponsor
• Sen. Toomey, Patrick [R-PA] · R · Sponsor
• Brian Schatz · D · Sponsor
• Sen. Leahy, Patrick J. [D-VT] · D · Cosponsor
• Angus King · I · Cosponsor
• · ssbk00 · Standing

Related records

• related to → HALOS Act