Nydia M. Velazquez: “I have an amendment at the desk. The CHAIR. The Clerk will designate the amendment. The text of the amendment is as…”

“I have an amendment at the desk. The CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: Page 3, line 18, strike ``and''. Page 3, after line 24, insert the following: (E) provides attendees with a disclosure, as prescribed by the Securities and Exchange Commission by rule, describing the nature of the event and the risks of investing in the securities being advertised; and Add at the end the following: (c) No Pre-existing Relationship by Reason of Event.-- Attendance at an event described under subsection (a) shall not qualify, by itself, as establishing a pre-existing relationship between an issuer and a purchaser, for purposes of Rule 506(b). The CHAIR. Pursuant to House Resolution 33, the gentlewoman from New York (Ms. Velazquez) and a Member opposed each will control 5 minutes. The Chair recognizes the gentlewoman from New York.”