# 115-hr-3972: Family Office Technical Correction Act of 2017

115-hr-3972, Family Office Technical Correction Act of 2017, is a 115th Congress bill sponsored by Rep. Maloney, Carolyn B. [D-NY-12] (D-NY); status Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/115-hr-3972
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 115-hr-3972
- Congress: 115
- Title: Family Office Technical Correction Act of 2017
- Status: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Introduced: 2017-10-05
- Sponsor: Rep. Maloney, Carolyn B. [D-NY-12] (D-NY)
- Cosponsors: 0
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Family Office Technical Correction Act of 2017 This bill provides that family offices and family clients are accredited investors as set forth by the Securities and Exchange Commission (SEC) in Regulation D, which exempts certain offerings from SEC registration requirements but prohibits general solicitation or general advertising with respect to such offerings. (A family office is a company that has no clients other than family clients, is wholly owned and exclusively controlled by family clients, and does not hold itself out to the public as an investment advisor.)

## Related bills

- 115-hr-7368: Federal Employee Retroactive Pay Fairness Act
- 115-hr-7293: To designate the facility of the United States Postal Service located at 770 Ayrault Road in Fairport, New York, as the "Louise and Bob Slaughter Post Office".
- 115-hr-7240: To designate the Manhattan Campus of the New York Harbor Health Care System of the Department of Veterans Affairs as the "Margaret Cochran Corbin Campus of the…
- 115-hr-7228: Reproductive Rights are Human Rights Act of 2018
- 115-hr-7107: Shirley Chisholm Congressional Gold Medal Act
- 115-hr-7089: Business Supply Chain Transparency on Trafficking and Slavery Act of 2018

## Sources
- [115-hr-3972 on Congress.gov](https://www.congress.gov/bill/115th-congress/house-bill/3972)

## Related
- [115-hr-7368: Federal Employee Retroactive Pay Fairness Act](https://policyrisk.com/legislation/115-hr-7368)
- [115-hr-7293: To designate the facility of the United States Postal Service located at 770 Ay…](https://policyrisk.com/legislation/115-hr-7293)
- [115-hr-7240: To designate the Manhattan Campus of the New York Harbor Health Care System of…](https://policyrisk.com/legislation/115-hr-7240)
- [115-hr-7228: Reproductive Rights are Human Rights Act of 2018](https://policyrisk.com/legislation/115-hr-7228)
- [115-hr-7107: Shirley Chisholm Congressional Gold Medal Act](https://policyrisk.com/legislation/115-hr-7107)
- [115-hr-7089: Business Supply Chain Transparency on Trafficking and Slavery Act of 2018](https://policyrisk.com/legislation/115-hr-7089)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/115-hr-3972 (as of 2025-11-18).