Investor Choice Act of 2021

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

1. 15 April 2021

   Introduced

   Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

   Source: IntroReferral

2. 15 April 2021

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 15 April 2021 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 15 April 2021

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 15 April 2021

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 15 April 2021

  Open at official source

Sponsors

• Jeff Merkley · D · Sponsor
• Richard Durbin · D · Sponsor
• Elizabeth Warren · D · Sponsor
• Sheldon Whitehouse · D · Sponsor
• Sen. Menendez, Robert [D-NJ] · D · Sponsor
• Richard Blumenthal · D · Sponsor
• Catherine Cortez Masto · 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