Holli Heiles Pandol

Holli Heiles Pandol is Carta’s Policy Counsel. Prior to Carta, Holli helped shape financial and capital markets policy on Capitol Hill as a senior advisor and Director of Intergovernmental and Legislative Affairs at the SEC under former Chairman Jay Clayton.

Latest from Holli Heiles Pandol

Qualified small business stock (QSBS)

Educational Essentials
February 2026
Understand the qualified small business requirements and how to take advantage of QSBS tax treatment for eligible stock options.

Sections 3(c)(1) and 3(c)(7) of the Investment Company Act

Policy
April 2025
Learn the key differences between the exemptions for private funds offered by Section 3(c)(1) and Section 3(c)(7) of the Investment Company Act.

How the Corporate Transparency Act impacts private funds

Policy
January 2025
Many private funds and private fund advisers will be exempt from CTA reporting requirements. But some entities within a fund’s organizational structure may not be covered by an exemption, and are thus subject to BOI reporting requirements.

Carta Policy Insights: Decoding the Data

Policy
November 2024
From traditional startup hubs to emerging entrepreneurial ecosystems across the country, these ventures are fueling employment opportunities, reshaping the American economy, and leading to our competitive edge.

Policy Insights: Emerging VC fund managers

Policy
September 2024
Emerging managers are critical to expanding the innovation economy and driving U.S. competitiveness. Carta advocates for better policies to support them.

Qualifying venture capital fund parameters: Issue brief

Issue Briefs
September 2024
To support innovation and job creation, Congress can modernize the criteria for qualifying venture capital funds to account for existing market conditions.