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United States · Bill · HR

H.R. 585 (115th)

Investor Choice Act of 2017

referredUnited States· United States Congress· EN

Introduced

17 January 2017

Last action

Status

Referred to the House Committee on Financial Services.

Sponsors

Subjects

Discovery layer

Source updated

11 August 2025

Summary

Investor Choice Act of 2017 This bill amends the Securities Exchange Act of 1934 and the Investment Advisers Act of 1940 to prohibit a broker, dealer, funding portal, municipal-securities dealer, or investment adviser from entering into, modifying, or extending an agreement with a customer or client if that agreement: (1) mandates arbitration with respect to a future dispute between the parties; (2) restricts or limits the ability of the customer or client to select a forum for the resolution of such a dispute; or (3) restricts or limits the ability of the customer or client to pursue, in an individual capacity or on a class-action basis, a claim relating to such a dispute.

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Documents

3 official files

Introduced in House (text)

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Sources

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