; (ii) engage in an active role with respect to investment negotiations between the issuer and any investors attending the event; (iii) charge attendees of the event any fees other than administrative fees; and (iv) receive compensation with respect to the event that would require the sponsor to register as— (I) a broker or a dealer under the Securities Exchange Act of 1934 ( 15 U.S.C. 78a et seq.); or (II) an investment adviser under the Investment Advisers Act of 1940 ( 15 U.S.C. 80b–1 et seq.); and (D) where no specific information regarding an offering of securities by the issuer is communicated or distributed by or on behalf of the issuer other than— (i) that the issuer is— (I) in the process of offering securities; or (II) planning to offer securities; (ii) the type and amount of securities being offered; (iii) the amount of securities being offered that have been subscribed for, as of the date of the event; and (iv) the intended use of any proceeds from the offering. (b) Rule of construction Subsection (a)— (1) shall be construed to require the Securities and Exchange Commission to amend sections 230.500 through 230.508 of title 17, Code of Federal Regulations, with respect to presentations and communications; and (2) may not be construed to require the Securities and Exchange Commission to amend sections 230.500 through 230.508 of title 17, Code of Federal Regulations, with respect to purchases or sales.