Amendment sought to stipulate that no sponsor of a demo day can collect finders' fees for connecting investors to companies; sought to limit the relief offered under the bill to actual operating companies in the "real economy"; and sought to codify the relief the SEC has already provided for angel investor groups as it relates to demo days.

Ask AI
Amendment Number
982
Description
Amendment sought to stipulate that no sponsor of a demo day can collect finders' fees for connecting investors to companies; sought to limit the relief offered under the bill to actual operating companies in the "real economy"; and sought to codify the relief the SEC has already provided for angel investor groups as it relates to demo days.
Purpose
Amendment sought to stipulate that no sponsor of a demo day can collect finders' fees for connecting investors to companies; sought to limit the relief offered under the bill to actual operating companies in the "real economy"; and sought to codify the relief the SEC has already provided for angel investor groups as it relates to demo days.
Congress
114
Type
HAMDT
Latest Action Date
Apr 27, 2016
Latest Action Text
On agreeing to the Waters, Maxine amendment (A001) Failed by the Yeas and Nays: 139 - 272 (Roll no. 170).
Latest Action Time
17:22:23
Submitted Date
Apr 27, 2016
Chamber
House of Representatives
Update Date
Dec 15, 2020
Amendment 982 — Informed