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Investor Choice Act of 2024

USA118th CongressS-3715| Senate 
| Updated: 1/31/2024
Jeff Merkley

Jeff Merkley

Democratic Senator

Oregon

Cosponsors (6)
Catherine Cortez Masto (Democratic)Richard J. Durbin (Democratic)Elizabeth Warren (Democratic)Sheldon Whitehouse (Democratic)Robert Menendez (Democratic)Richard Blumenthal (Democratic)

Banking, Housing, and Urban Affairs 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

S 116-2992
Investor Choice Act of 2019

Bill from Previous Congress

S 117-1171
Investor Choice Act of 2021
Jan 31, 2024

Latest Companion Bill Action

HR 118-7168
Introduced in House
Jan 31, 2024
Introduced in Senate
Jan 31, 2024
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • Bill from Previous Congress

    S 116-2992
    Investor Choice Act of 2019


  • Bill from Previous Congress

    S 117-1171
    Investor Choice Act of 2021


  • January 31, 2024

    Latest Companion Bill Action

    HR 118-7168
    Introduced in House


  • January 31, 2024
    Introduced in Senate


  • January 31, 2024
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Finance and Financial Sector

Related Bills

  • HR 118-7168: Investor Choice Act of 2024

Investor Choice Act of 2024

USA118th CongressS-3715| Senate 
| 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

S 116-2992
Investor Choice Act of 2019

Bill from Previous Congress

S 117-1171
Investor Choice Act of 2021
Jan 31, 2024

Latest Companion Bill Action

HR 118-7168
Introduced in House
Jan 31, 2024
Introduced in Senate
Jan 31, 2024
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • Bill from Previous Congress

    S 116-2992
    Investor Choice Act of 2019


  • Bill from Previous Congress

    S 117-1171
    Investor Choice Act of 2021


  • January 31, 2024

    Latest Companion Bill Action

    HR 118-7168
    Introduced in House


  • January 31, 2024
    Introduced in Senate


  • January 31, 2024
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jeff Merkley

Jeff Merkley

Democratic Senator

Oregon

Cosponsors (6)
Catherine Cortez Masto (Democratic)Richard J. Durbin (Democratic)Elizabeth Warren (Democratic)Sheldon Whitehouse (Democratic)Robert Menendez (Democratic)Richard Blumenthal (Democratic)

Banking, Housing, and Urban Affairs Committee

Finance and Financial Sector

Related Bills

  • HR 118-7168: Investor Choice Act of 2024
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted