US HB3352

SEC must revise Regulation D within 6 months to exempt issuer presentations at qualifying events from general solicitation/advertising prohibitions

Qualifying events must be sponsored by government entities, universities, nonprofits, angel investor groups, incubators, accelerators, or venture capital associations

Event sponsors cannot provide investment advice, participate in negotiations, charge fees beyond reasonable administrative costs, or receive compensation for introductions between issuers and investors

Issuers may only disclose limited information at events: that they are offering/planning to offer securities, the type and amount of securities, subscription progress, and intended use of proceeds

Event attendance alone does not establish a pre-existing substantive relationship between issuer and purchaser for purposes of Rule 506(b)