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- H.R.5336
H.R.5336: Investor Choice Act of 2019
About This Bill
- Introduced Dec. 6, 2019
- Latest Major Action Dec. 6, 2019
Bill Sponsor
Bill Cosponsors
10 (All Democrats)
Bill Version
- Introduced in House - Dec. 6, 2019
Bill 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.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Dec. 6, 2019 |
Referred to the House Committee on Financial Services.
|
| Dec. 6, 2019 |
Introduced in the House by Bill Foster (D-Ill.) |