Summary of Amendments Submitted to the Rules Committee for H.R. 79 - HALOS Act

Summaries Derived from Information Provided by Sponsors

Listed in Alphabetical Order

Jan 9, 2017 3:52 PM

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Velázquez (NY)


REVISED Requires the event sponsor to provide attendees with a written disclosure outlining the nature of the event and the risks of investing in the securities for sale. It would also clarify that attendance at an event does not in itself does not establish a pre-existing relationship for purposes of Rule 506(b).

Waters (CA)


Limits the types of fees "demo day" sponsors can collect and requires an issuer to be a real business.