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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

17 January 2017 · Introduced

Status

Referred to the House Committee on Financial Services.

Sponsors

Rep. Ellison, Keith [D-MN-5], Rep. Capuano, Michael E. [D-MA-8], Rep. Lynch, Stephen F. [D-MA-8], Rep. Meeks, Gregory W. [D-NY-5], Rep. Slaughter, Louise McIntosh [D-NY-25], Rep. Grijalva, Raúl M. [D-AZ-7], Rep. Heck, Denny [D-WA-10], Rep. McCollum, Betty [D-MN-4], Rep. McGovern, James P. [D-MA-2], Rep. Pocan, Mark [D-WI-2], Rep. Schakowsky, Janice D. [D-IL-9], Rep. Serrano, Jose E. [D-NY-15], Rep. DeFazio, Peter A. [D-OR-4], Del. Norton, Eleanor Holmes [D-DC-At Large], Rep. Johnson, Henry C. "Hank" [D-GA-4]

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.

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

Timeline

  1. 17 January 2017

    Introduced

    Referred to the House Committee on Financial Services.

    Source: IntroReferral

  2. 17 January 2017

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 17 January 2017

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 17 January 2017

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 17 January 2017

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 17 January 2017

    Open at official source

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Sponsors

Related records

Sources

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