Investor Choice Act of 2019

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 6 December 2019

   Introduced

   Referred to the House Committee on Financial Services.

   Source: IntroReferral

2. 6 December 2019

   Introduced

   Introduced in House

   Source: IntroReferral

3. 6 December 2019

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 6 December 2019 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 6 December 2019

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 6 December 2019

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 6 December 2019

  Open at official source

Sponsors

• Rep. Foster, Bill [D-IL-11] · D · Sponsor
• CAROLYN MALONEY · D · Sponsor
• Rep. Meeks, Gregory W. [D-NY-5] · D · Sponsor
• Sean Casten · D · Sponsor
• Rep. Lynch, Stephen F. [D-MA-8] · D · Sponsor
• Rep. Schakowsky, Janice D. [D-IL-9] · D · Sponsor
• James McGovern · D · Sponsor
• WM. CLAY · D · Sponsor
• Rep. Dean, Madeleine [D-PA-4] · D · Sponsor
• Denny Heck · D · Sponsor
• Rep. Pocan, Mark [D-WI-2] · D · Cosponsor
• · hsba00 · Standing

Related records

• related to → Investor Choice Act of 2019