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{{McCarthysInnovationInitiativeLegislation|Name of BillHas title=H.R.4498 114-HR4498 Helping Angels Lead Our Startups (HALOS) Act|YearProposed in=2016114|SponsorSponsored by=Rep. Chabot, Steve (R-OH-1)|CosponsorReviewing committee=Rep. Sinema, Kyrsten (D-AZ-9), Rep. Hurt, Robert (R-VA-5), Rep. Takai, Mark (D-HI-1), Rep. Curbelo, Carlos (R-FL-26), Rep. Wagner, Ann (R-MO-2), Rep. Costello, Ryan A. (R-PA-6), Rep. Barr, Andy (R-KY-6), Rep. Hultgren, Randy (R-IL-14), Rep. Delaney, John K. (D-MD-6), Rep. Sessions, Pete (R-TX-32), Rep. Polis, Jared (D-CO-2)|Status of BillHas bill status=Passed House,|Related BillsHas keywords=Financial CHOICE Act of 2016, HALOS Act,McCarthy
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(Sec. 3) This bill 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:
