# 117-hr-2620: Investor Choice Act of 2021

117-hr-2620, Investor Choice Act of 2021, is a 117th Congress bill sponsored by Rep. Foster, Bill [D-IL-11] (D-IL); status Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 27 - 23. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/117-hr-2620
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 117-hr-2620
- Congress: 117
- Title: Investor Choice Act of 2021
- Status: Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 27 - 23.
- Introduced: 2021-04-16
- Sponsor: Rep. Foster, Bill [D-IL-11] (D-IL)
- Cosponsors: 7
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## 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.

## Cosponsors (7)

- Rep. Maloney, Carolyn B. [D-NY-12] (D-NY), 2021-04-16T00:00:00.000Z
- Rep. Meeks, Gregory W. [D-NY-5] (D-NY), 2021-04-16T00:00:00.000Z
- Rep. Casten, Sean [D-IL-6] (D-IL), 2021-04-16T00:00:00.000Z
- Rep. Velázquez, Nydia M. [D-NY-7] (D-NY), 2021-04-16T00:00:00.000Z
- Rep. García, Jesús G. "Chuy" [D-IL-4] (D-IL), 2021-04-16T00:00:00.000Z
- Rep. Schakowsky, Janice D. [D-IL-9] (D-IL), 2021-04-16T00:00:00.000Z
- Rep. Dean, Madeleine [D-PA-4] (D-PA), 2021-04-16T00:00:00.000Z

## Related bills

- 117-hr-3537: Accelerating Access to Critical Therapies for ALS Act
- 117-hr-263: Big Cat Public Safety Act
- 117-hr-1842: Harriet Tubman Bicentennial Commemorative Coin Act
- 117-hr-55: Emmett Till Antilynching Act
- 117-hr-8770: Expanding the VOTE Act
- 117-hr-8297: Ensuring Women’s Right to Reproductive Freedom Act

## Sources
- [117-hr-2620 on Congress.gov](https://www.congress.gov/bill/117th-congress/house-bill/2620)

## Related
- [117-hr-3537: Accelerating Access to Critical Therapies for ALS Act](https://policyrisk.com/legislation/117-hr-3537)
- [117-hr-263: Big Cat Public Safety Act](https://policyrisk.com/legislation/117-hr-263)
- [117-hr-1842: Harriet Tubman Bicentennial Commemorative Coin Act](https://policyrisk.com/legislation/117-hr-1842)
- [117-hr-55: Emmett Till Antilynching Act](https://policyrisk.com/legislation/117-hr-55)
- [117-hr-8770: Expanding the VOTE Act](https://policyrisk.com/legislation/117-hr-8770)
- [117-hr-8297: Ensuring Women’s Right to Reproductive Freedom Act](https://policyrisk.com/legislation/117-hr-8297)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/117-hr-2620 (as of 2025-11-18).