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- H.R.2620
H.R.2620: Investor Choice Act of 2021
About This Bill
- Introduced April 16, 2021
- Latest Major Action Nov. 16, 2021
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
7 (All Democrats)
Bill Version
- Introduced in House - April 16, 2021
Bill 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.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Nov. 16, 2021 |
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 27 - 23.
|
| Nov. 16, 2021 |
Committee Consideration and Mark-up Session Held.
|
| April 16, 2021 |
Referred to the House Committee on Financial Services.
|
| April 16, 2021 |
Introduced in the House by Bill Foster (D-Ill.) |