H.Amdt. 854House112th Congress (2011-2013)

An amendment numbered 5 printed in Part A of House Report 112-265 to require the Commission to establish a website that provides the public with crowdfunding website safety tips for investing in securities described under section 4(6).

What it does: 2 changes: inserts text, replaces text
Submitted November 3, 2011

Description

Amendment sought to require the SEC to establish a website that provides the public with safety tips for investing in securities.

What it changes

2 changes to H.R. 2930 · 1 shown in the bill's text

Inserts textReplaces text
  1. Change 1: Inserts new text on page 11, line 9

    Inserted: (f) Website for Crowdfunding Investment Safety Tips.--

    Inserted: (1) In general.--The Commission shall establish a website that provides the public with safety tips for investing in securities described under section 4(6).

    Inserted: (2) Links to website.--The intermediary in a transaction involving the issuance of securities described under section 4(6) or, in the case of such transaction not involving an intermediary, the issuer, shall place a link to the website described under paragraph (1) in a prominent location on the main page of the website of such intermediary or issuer that is used to facilitate such transaction.

    Original wording

    Page 11, after line 9, insert the following:

  2. Change 2: Replaces “(f)” with “(g)”

    ReplacesPage 11, line 10Printed page

    In H.R. 2930 · Reported in House

    "(2) an accredited investor.

    "([struck: f][inserted: g]) Construction.--

    "(1) No treatment as broker.--With respect to a transaction described under section 4(6) involving an intermediary, such intermediary shall not be treated as a broker under the securities laws solely by reason of participation in such transaction.

    Original wording

    Page 11, line 10, strike “(f)” and insert “(g)”.

Read automatically from the Congressional Record. Check the original before relying on it.

As printed

Page 11, after line 9, insert the following:

“(f) Website for Crowdfunding Investment Safety Tips.--

“(1) In general.--The Commission shall establish a website that provides the public with safety tips for investing in securities described under section 4(6).

“(2) Links to website.--The intermediary in a transaction involving the issuance of securities described under section 4(6) or, in the case of such transaction not involving an intermediary, the issuer, shall place a link to the website described under paragraph (1) in a prominent location on the main page of the website of such intermediary or issuer that is used to facilitate such transaction.”.

Page 11, line 10, strike “(f)” and insert “(g)”.

Legislative Activity

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5 earlier actions
Floor Latest Action

House amendment offered

November 3, 2011

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Floor

House amendment offered

November 3, 2011

Not Used

Amendment failed in Committee of the Whole

November 3, 2011 • 5:04 PM

Floor

House amendment not agreed to: On agreeing to the Barrow amendment (A005) Failed by voice vote.

November 3, 2011 • 5:04 PM

Not Used

House amendment offered/reported by: Amendment (A005) offered by Mr. Barrow.(consideration: CR H7304-7306; text: CR H7304-7305)

November 3, 2011 • 4:53 PM

Floor

Amendment (A005) offered by Mr. Barrow. (consideration: CR H7304-7306; text: CR H7304-7305)

November 3, 2011 • 4:53 PM

Floor

On agreeing to the Barrow amendment (A005) Failed by voice vote.

November 3, 2011 • 5:04 PM