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Investor Choice Act of 2024

USA118th CongressHR-7168| House 
| Updated: 1/31/2024
Bill Foster

Bill Foster

Democratic Representative

Illinois

Cosponsors (6)
Madeleine Dean (Democratic)Gregory W. Meeks (Democratic)Sean Casten (Democratic)Janice D. Schakowsky (Democratic)Nydia M. Velázquez (Democratic)Jesús G. "Chuy" García (Democratic)

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Investor Choice Act of 2024 This bill prohibits broker-dealers and investment advisers from including mandatory arbitration, forum selection restrictions, or bans on class action suits in customer or client agreements. Issuers of securities are also prohibited from mandating arbitration in shareholder agreements.
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Timeline

Bill from Previous Congress

HR 116-5336
Investor Choice Act of 2019

Bill from Previous Congress

HR 117-2620
Investor Choice Act of 2021
Jan 31, 2024

Latest Companion Bill Action

S 118-3715
Introduced in Senate
Jan 31, 2024
Introduced in House
Jan 31, 2024
Referred to the House Committee on Financial Services.
  • Bill from Previous Congress

    HR 116-5336
    Investor Choice Act of 2019


  • Bill from Previous Congress

    HR 117-2620
    Investor Choice Act of 2021


  • January 31, 2024

    Latest Companion Bill Action

    S 118-3715
    Introduced in Senate


  • January 31, 2024
    Introduced in House


  • January 31, 2024
    Referred to the House Committee on Financial Services.

Finance and Financial Sector

Related Bills

  • S 118-3715: Investor Choice Act of 2024

Investor Choice Act of 2024

USA118th CongressHR-7168| House 
| Updated: 1/31/2024
Investor Choice Act of 2024 This bill prohibits broker-dealers and investment advisers from including mandatory arbitration, forum selection restrictions, or bans on class action suits in customer or client agreements. Issuers of securities are also prohibited from mandating arbitration in shareholder agreements.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 116-5336
Investor Choice Act of 2019

Bill from Previous Congress

HR 117-2620
Investor Choice Act of 2021
Jan 31, 2024

Latest Companion Bill Action

S 118-3715
Introduced in Senate
Jan 31, 2024
Introduced in House
Jan 31, 2024
Referred to the House Committee on Financial Services.
  • Bill from Previous Congress

    HR 116-5336
    Investor Choice Act of 2019


  • Bill from Previous Congress

    HR 117-2620
    Investor Choice Act of 2021


  • January 31, 2024

    Latest Companion Bill Action

    S 118-3715
    Introduced in Senate


  • January 31, 2024
    Introduced in House


  • January 31, 2024
    Referred to the House Committee on Financial Services.
Bill Foster

Bill Foster

Democratic Representative

Illinois

Cosponsors (6)
Madeleine Dean (Democratic)Gregory W. Meeks (Democratic)Sean Casten (Democratic)Janice D. Schakowsky (Democratic)Nydia M. Velázquez (Democratic)Jesús G. "Chuy" García (Democratic)

Financial Services Committee

Finance and Financial Sector

Related Bills

  • S 118-3715: Investor Choice Act of 2024
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted