An amendment numbered 1 printed in Part B of House Report 115-2 to require the event sponsor to provide attendees with a written disclosure outlinin g the nature of the event and the risks of investing in the securities for sale. It would also clarify that attendance at an event does not in itself establish a pre-existing relationship for purposes of Rule 506(b).

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Amendment Number
14
Description
An amendment numbered 1 printed in Part B of House Report 115-2 to require the event sponsor to provide attendees with a written disclosure outlinin g the nature of the event and the risks of investing in the securities for sale. It would also clarify that attendance at an event does not in itself establish a pre-existing relationship for purposes of Rule 506(b).
Purpose
Amendment sought to require the event sponsor to provide attendees with a written disclosure outlining the nature of the event and the risks of investing in the securities for sale. Also, it would clarify that attendance at an event does not in itself establish a pre-existing relationship for purposes of Rule 506(b).
Congress
115
Type
HAMDT
Latest Action Date
Jan 10, 2017
Latest Action Text
On agreeing to the Velazquez amendment (A001) Failed by recorded vote: 167 - 249 (Roll no. 29).
Latest Action Time
17:43:43
Submitted Date
Jan 10, 2017
Chamber
House of Representatives
Update Date
Dec 15, 2020
Amendment 14 — Informed