Investor Choice Act of 2021
United States117th CongressHR-2620House of Representatives
Updated: Nov 16, 2021
Summary
Investor Choice Act of 2021 This bill prohibits broker-dealers and investment advisers from including mandatory arbitration, forum selection restrictions, or bans on class action suits in a customer or client agreement. Issuers of securities are also prohibited from mandating arbitration in a shareholder agreement.
Bill texts
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Timeline
Latest companion bill action
S-1171: Investor Choice Act of 2021Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Referred to the House Committee on Financial Services.
House of Representatives
Introduced in House
Committee Consideration and Mark-up Session Held.
House of Representatives
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 27 - 23.
House of Representatives
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