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H.R. 4915 113th Congress House

HALOS Act

Official title: To clarify the definition of general solicitation under Federal securities law.

Introduced: June 19, 2014 Introduced by: Bradley Scott Schneider Democratic · Illinois See on congress.gov
Finance and Financial Sector Administrative law and regulatory proceduresBusiness investment and capitalFinancial services and investmentsHigher education
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Marketing and advertisingSecuritiesSecurities and Exchange Commission (SEC)Social work, volunteer service, charitable organizations
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This bill died when the 113th Congress ended
It never became law before the 113th Congress (2013–2014) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 19, 2014
Referred to the House Committee on Financial Services.
Jun 19, 2014
Introduced in House
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 Latest action June 19, 2014

Referred to the House Committee on Financial Services.

 Plain-English summary Congressional Research Service

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).
 Related & companion bills 1
  • S 2498 Identical bill HALOS Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 4915: HALOS Act. 113th Congress. Open America. https://openamerica.io/bill/113-HR-4915/
MLA
"H.R. 4915: HALOS Act." 113th Congress, 2026, Open America, https://openamerica.io/bill/113-HR-4915/.
Bluebook (legal)
H.R. 4915, 113th Cong. (2026), https://openamerica.io/bill/113-HR-4915/.
Markdown link
[H.R. 4915: HALOS Act](https://openamerica.io/bill/113-HR-4915/)
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