Investor Choice Act of 2021

United States117th CongressS-1171Senate
Updated: Apr 15, 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

Available versions
Introduced (Senate)View official text

1 version available

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Timeline

Latest companion bill action

HR-2620: Investor Choice Act of 2021

Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 27 - 23.

  1. Introduced in Senate

  2. Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Senate

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