II 115th CONGRESS 1st Session S. 588 IN THE SENATE OF THE UNITED STATES March 9, 2017 Mr. Murphy (for himself, Mr. Thune , Mr. Schatz , Mr. Toomey , and Ms. Heitkamp ) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs A BILL To require the Securities and Exchange Commission to clarify what constitutes a general solicitation under the Federal securities laws, and for other purposes.