United States · Bill · S
S. 1171 (117th)
Investor Choice Act of 2021
Introduced
15 April 2021
Last action
15 April 2021 · Introduced
Status
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sponsors
Sen. Merkley, Jeff [D-OR], Sen. Durbin, Richard J. [D-IL], Sen. Warren, Elizabeth [D-MA], Sen. Whitehouse, Sheldon [D-RI], Sen. Menendez, Robert [D-NJ], Sen. Blumenthal, Richard [D-CT], Sen. Cortez Masto, Catherine [D-NV]
Subjects
Discovery layer
Source updated
5 December 2025
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.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
15 April 2021
Introduced
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Source: IntroReferral
15 April 2021
Introduced
Introduced in Senate
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in Senate · 15 April 2021 · Download file
Documents
3 official files
Introduced in Senate (text)
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Introduced in Senate (text)
Introduced in Senate · EN · 15 April 2021
Introduced in Senate (PDF)
Introduced in Senate · EN · 15 April 2021
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Introduced in Senate
summary · EN · 15 April 2021
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Sen. Merkley, Jeff [D-OR] · D · Sponsor
- Sen. Durbin, Richard J. [D-IL] · D · Sponsor
- Sen. Warren, Elizabeth [D-MA] · D · Sponsor
- Sen. Whitehouse, Sheldon [D-RI] · D · Sponsor
- Sen. Menendez, Robert [D-NJ] · D · Sponsor
- Sen. Blumenthal, Richard [D-CT] · D · Sponsor
- Sen. Cortez Masto, Catherine [D-NV] · D · Cosponsor
- · ssbk00 · Standing
Related records
- related to → Investor Choice Act of 2024
- related to ← Investor Choice Act of 2021
- related to ← Investor Choice Act of 2019
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/117th-congress/senate-bill/1171
- Open data entity: https://api.congress.gov/v3/bill/117/s/1171
- us · 117-s-1171 · source updated 5 December 2025