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S 978 114th Congress Senate Finance and Financial Sector Administrative law and regulatory procedures Business investment and capital Financial services and investments Higher education Marketing and advertising Securities Securities and Exchange Commission (SEC) Social work, volunteer service, charitable organizations

HALOS Act

Introduced: April 16, 2015 Introduced by: Murphy, Christopher Democratic · Connecticut See on congress.gov
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This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) 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
Apr 16, 2015
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Apr 16, 2015
Introduced in Senate
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 Plain-English summary Congressional Research Service

Helping Angels Lead Our Startups Act or the HALOS Act

Directs the Securities and Exchange Commission 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).
What's happening now April 16, 2015

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

 Related & companion bills 1
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 1 Republican 1 Independent 1
I
King, Angus S., Jr.
Maine · Apr 16, 2015
 D
Schatz, Brian
Hawaii · Apr 16, 2015
 R
Thune, John
South Dakota · Apr 16, 2015
Cite this page click to expand
APA
U.S. Congress. (2026). S. 978: HALOS Act. 114th Congress. Open America. https://openamerica.io/bill/114-S-978/
MLA
"S. 978: HALOS Act." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-S-978/.
Bluebook (legal)
S. 978, 114th Cong. (2026), https://openamerica.io/bill/114-S-978/.
Markdown link
[S. 978: HALOS Act](https://openamerica.io/bill/114-S-978/)
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