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HALOS Act

USA116th CongressHR-1909| House 
| Updated: 3/27/2019
Steve Chabot

Steve Chabot

Republican Representative

Ohio

Cosponsors (3)
Daniel Meuser (Republican)Aumua Amata Coleman Radewagen (Republican)Bradley Scott Schneider (Democratic)

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Helping Angels Lead Our Startups Act of 2019 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, if 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.
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Timeline

Bill from Previous Congress

HR 115-79
HALOS Act
Mar 27, 2019
Introduced in House
Mar 27, 2019
Referred to the House Committee on Financial Services.
Apr 8, 2019

Latest Companion Bill Action

S 116-1063
Introduced in Senate
  • Bill from Previous Congress

    HR 115-79
    HALOS Act


  • March 27, 2019
    Introduced in House


  • March 27, 2019
    Referred to the House Committee on Financial Services.


  • April 8, 2019

    Latest Companion Bill Action

    S 116-1063
    Introduced in Senate

Finance and Financial Sector

Related Bills

  • S 116-1063: HALOS Act of 2019
Administrative law and regulatory proceduresBusiness investment and capitalFinancial services and investmentsHigher educationMarketing and advertisingSecuritiesSecurities and Exchange Commission (SEC)Social work, volunteer service, charitable organizations

HALOS Act

USA116th CongressHR-1909| House 
| Updated: 3/27/2019
Helping Angels Lead Our Startups Act of 2019 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, if 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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 115-79
HALOS Act
Mar 27, 2019
Introduced in House
Mar 27, 2019
Referred to the House Committee on Financial Services.
Apr 8, 2019

Latest Companion Bill Action

S 116-1063
Introduced in Senate
  • Bill from Previous Congress

    HR 115-79
    HALOS Act


  • March 27, 2019
    Introduced in House


  • March 27, 2019
    Referred to the House Committee on Financial Services.


  • April 8, 2019

    Latest Companion Bill Action

    S 116-1063
    Introduced in Senate
Steve Chabot

Steve Chabot

Republican Representative

Ohio

Cosponsors (3)
Daniel Meuser (Republican)Aumua Amata Coleman Radewagen (Republican)Bradley Scott Schneider (Democratic)

Financial Services Committee

Finance and Financial Sector

Related Bills

  • S 116-1063: HALOS Act of 2019
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Administrative law and regulatory proceduresBusiness investment and capitalFinancial services and investmentsHigher educationMarketing and advertisingSecuritiesSecurities and Exchange Commission (SEC)Social work, volunteer service, charitable organizations