# 116-hr-5336: Investor Choice Act of 2019

116-hr-5336, Investor Choice Act of 2019, is a 116th Congress bill sponsored by Rep. Foster, Bill [D-IL-11] (D-IL); status Referred to the House Committee on Financial Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-5336
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-5336
- Congress: 116
- Title: Investor Choice Act of 2019
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2019-12-06
- Sponsor: Rep. Foster, Bill [D-IL-11] (D-IL)
- Cosponsors: 10
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Investor Choice Act of 2019 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.

## Cosponsors (10)

- Rep. Maloney, Carolyn B. [D-NY-12] (D-NY), 2019-12-06T00:00:00.000Z
- Rep. Meeks, Gregory W. [D-NY-5] (D-NY), 2019-12-06T00:00:00.000Z
- Rep. Casten, Sean [D-IL-6] (D-IL), 2019-12-06T00:00:00.000Z
- Rep. Lynch, Stephen F. [D-MA-8] (D-MA), 2019-12-06T00:00:00.000Z
- Rep. Schakowsky, Janice D. [D-IL-9] (D-IL), 2019-12-06T00:00:00.000Z
- Rep. McGovern, James P. [D-MA-2] (D-MA), 2019-12-06T00:00:00.000Z
- WM. CLAY (D-MO), 2019-12-06T00:00:00.000Z
- Rep. Dean, Madeleine [D-PA-4] (D-PA), 2019-12-06T00:00:00.000Z
- Rep. Heck, Denny [D-WA-10] (D-WA), 2019-12-06T00:00:00.000Z
- Rep. Pocan, Mark [D-WI-2] (D-WI), 2019-12-19T00:00:00.000Z

## Related bills

- 116-hr-8015: Delivering for America Act
- 116-hr-7120: George Floyd Justice in Policing Act of 2020
- 116-hr-7092: Great American Outdoors Act
- 116-hr-6820: Emergency Rental Assistance and Rental Market Stabilization Act of 2020
- 116-hr-4104: Negro Leagues Baseball Centennial Commemorative Coin Act
- 116-hr-3589: Greg LeMond Congressional Gold Medal Act

## Sources
- [116-hr-5336 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/5336)

## Related
- [116-hr-8015: Delivering for America Act](https://policyrisk.com/legislation/116-hr-8015)
- [116-hr-7120: George Floyd Justice in Policing Act of 2020](https://policyrisk.com/legislation/116-hr-7120)
- [116-hr-7092: Great American Outdoors Act](https://policyrisk.com/legislation/116-hr-7092)
- [116-hr-6820: Emergency Rental Assistance and Rental Market Stabilization Act of 2020](https://policyrisk.com/legislation/116-hr-6820)
- [116-hr-4104: Negro Leagues Baseball Centennial Commemorative Coin Act](https://policyrisk.com/legislation/116-hr-4104)
- [116-hr-3589: Greg LeMond Congressional Gold Medal Act](https://policyrisk.com/legislation/116-hr-3589)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-5336 (as of 2025-11-18).