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(This measure has not been amended since it was introduced. The expanded summary of the House reported version is repeated here.)
Helping Angels Lead Our Startups Act or the HALOS Act
(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:
presentations or communications are made by or on behalf of an issuer,
This bill may only be construed as requiring the SEC to amend Regulation D with respect to presentations and communications, and not with respect to purchases or sales.
Written by the nonpartisan Congressional Research Service, describing H.R. 4498 as passed House without amendment on Apr 27, 2016. It is not the text of the measure; a later amendment may have changed what it does.
Apr 27, 2016Each bar: ✓ Yea from the bottom, ✕ Nay aboveApr 27, 2016
House Apr 27, 2016 · the primary vote
Helping Angels Lead Our Startups (HALOS) Act
Passed
325 Yea 89 Nay 19 not voting
Crossed both parties 88 of 414 voting members broke with their own party: 88 Democrats.
DemocratsRepublicansFilled: YeaRing: NayGrey: not voting or present
433 members on this roll call, from the official House record. Party majorities need at least five voting members, so an independent never counts as breaking with a party.
Signing on is not a vote: a member can cosponsor H.R. 4498 and vote against it. 3 signed when it was filed.
Organizations that named H.R. 4498 in a lobbying disclosure. Only those that cited the bill by number appear, so this is a floor, not a full list.
20 disclosures name this measure. Retrieved from LDA.gov on 2026-10-05. Senate Office of Public Records cannot vouch for the data or analyses derived from these data after the data have been retrieved from LDA.gov.