# 119-s-3342: HALOS Act of 2025

119-s-3342, HALOS Act of 2025, is a 119th Congress bill sponsored by Sen. Ricketts, Pete [R-NE] (R-NE); status introduced; PRIA reads it as touching household money (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-s-3342
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-3342
- Congress: 119
- Title: HALOS Act of 2025
- Status: introduced
- Introduced: 2025-12-04
- Sponsor: Sen. Ricketts, Pete [R-NE] (R-NE)
- Cosponsors: 1
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-04-21

## Summary

**Expands when startups can publicly pitch investors at qualifying events** by creating an exception to Regulation D's general-solicitation ban for presentations that meet specific conditions. It would let early-stage issuers share limited offering details while keeping rules against improper solicitation. - Startups and issuers would be allowed to disclose at qualifying events that they are offering securities, the type and amount offered, amounts already subscribed, and intended use of proceeds. This applies only to presentations and not to purchases or sales. - Angel investor groups and event sponsors must not act like brokers or investment advisers, must not charge attendees more than reasonable administrative fees, and must provide a one-page disclosure describing the event and investment risks. - Attending a qualifying event would not by itself create a pre-existing substantive relationship between an issuer and a purchaser for the 506(b) exemption. - The Securities and Exchange Commission would be required to revise Regulation D within six months and could add other eligible sponsor types by rule.

## Cosponsors (1)

- Sen. Gallego, Ruben [D-AZ] (D-AZ), 2025-12-04T00:00:00.000Z

## Provisions PRIA read

- Allow issuer pitches at investor events: mixed, medium. This bill would require the SEC to update Regulation D within six months so issuers could present at certain investor events without being treated as a general solicitation. Events would have to be run by approved sponsors, such as States, colleges, nonprofits, angel investor groups, incubators, an…

## Related bills

- 119-s-4668: Protect College Sports Act of 2026
- 119-s-1748: Kids Online Safety Act
- 119-s-2904: SHADOW Fleet Sanctions Act of 2026
- 119-s-554: United States-Israel Defense Partnership Act of 2025
- 119-s-1711: STOP China Act
- 119-s-1552: Living Donor Protection Act of 2025

## Sources
- [119-s-3342 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/3342)

## Related
- [119-s-4668: Protect College Sports Act of 2026](https://policyrisk.com/legislation/119-s-4668)
- [119-s-1748: Kids Online Safety Act](https://policyrisk.com/legislation/119-s-1748)
- [119-s-2904: SHADOW Fleet Sanctions Act of 2026](https://policyrisk.com/legislation/119-s-2904)
- [119-s-554: United States-Israel Defense Partnership Act of 2025](https://policyrisk.com/legislation/119-s-554)
- [119-s-1711: STOP China Act](https://policyrisk.com/legislation/119-s-1711)
- [119-s-1552: Living Donor Protection Act of 2025](https://policyrisk.com/legislation/119-s-1552)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-3342 (as of 2026-04-21).