Senate
Jan 31, 2024Investor Choice Act of 2024
Summary
Official
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.
Bill Progress
Bill has been introduced and assigned a number
Introduced(1/31/24)
Committee
Passed
House
Passed
Senate
President
Law
Sponsor
JM
Mr. Merkley
Senate (D) Oregon
Cosponsors (6)
Latest Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jan 31, 2024