Investor Choice Act of 2021
Bill journey · stage 1 of 5
Just introduced
What it doesSummary introduced in house (Apr 16, 2021)
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.
What just happenedNov 16, 2021
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 27 - 23.
Who’s behind it
- Introduced in HouseApr 16, 2021
- Nov 16, 2021Committee
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 27 - 23.
Financial Services Committee - Nov 16, 2021Committee
Committee Consideration and Mark-up Session Held.
Financial Services Committee - Apr 16, 2021IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Apr 16, 2021IntroReferralIntro-H
Introduced in House
- Apr 16, 2021IntroReferral1000
Introduced in House