S. 3715 · 118th Congress · Senate

Investor Choice Act of 2024

Active· Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced
Jan 31, 24
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

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.

Action Timeline

2
  1. JAN 31, 2024IntroReferral

    Introduced in Senate

  2. JAN 31, 2024IntroReferral

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

Committees

1

Banking, Housing, and Urban Affairs Committee

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Referred: Jan 31, 2024

Active