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117-hr-2620117th Congress

Investor Choice Act of 2021

Sponsored By: Representative Foster, Bill [D-IL-11]

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Summary

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.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Foster, Bill [D-IL-11]

IL • D

Cosponsors

  • Rep. Maloney, Carolyn B. [D-NY-12]

    NY • D

    Sponsored 4/16/2021

  • Rep. Meeks, Gregory W. [D-NY-5]

    NY • D

    Sponsored 4/16/2021

  • Rep. Casten, Sean [D-IL-6]

    IL • D

    Sponsored 4/16/2021

  • Rep. Velázquez, Nydia M. [D-NY-7]

    NY • D

    Sponsored 4/16/2021

  • Rep. García, Jesús G. "Chuy" [D-IL-4]

    IL • D

    Sponsored 4/16/2021

  • Rep. Schakowsky, Janice D. [D-IL-9]

    IL • D

    Sponsored 4/16/2021

  • Rep. Dean, Madeleine [D-PA-4]

    PA • D

    Sponsored 4/16/2021

Roll Call Votes

No roll call votes available for this bill.

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