Investor Choice Act of 2017
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Jan 17, 2017)
Investor Choice Act of 2017
This bill amends the Securities Exchange Act of 1934 and the Investment Advisers Act of 1940 to prohibit a broker, dealer, funding portal, municipal-securities dealer, or investment adviser from entering into, modifying, or extending an agreement with a customer or client if that agreement: (1) mandates arbitration with respect to a future dispute between the parties; (2) restricts or limits the ability of the customer or client to select a forum for the resolution of such a dispute; or (3) restricts or limits the ability of the customer or client to pursue, in an individual capacity or on a class-action basis, a claim relating to such a dispute.
What just happenedJan 17, 2017
Referred to the House Committee on Financial Services.
Who’s behind it
- Introduced in HouseJan 17, 2017
- Jan 17, 2017IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Jan 17, 2017IntroReferralIntro-H
Introduced in House
- Jan 17, 2017IntroReferral1000
Introduced in House