On the recordJanuary 10, 2017
You just heard the author of the amendment make the case that this is a complicated process in general that an unaccredited person is not going to be allowed to invest in. So it requires 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. It is not an offering that is happening at those demo days. I would ask my colleagues to oppose this amendment. Mr. Chairman, I yield back the balance of my time. The CHAIR. The question is on the amendment offered by the gentlewoman from New York (Ms. Velazquez). The question was taken; and the Chair announced that the noes appeared to have it.
