United States · Bill · S
S. 2992 (116th)
Investor Choice Act of 2019
Introduced
5 December 2019
Last action
—
Status
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sponsors
—
Subjects
Discovery layer
Source updated
7 April 2025
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
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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 5 December 2019
Introduced in Senate (PDF)
Introduced in Senate · EN · 5 December 2019
Introduced in Senate
summary · EN · 5 December 2019
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/116th-congress/senate-bill/2992
- Open data entity: https://api.congress.gov/v3/bill/116/s/2992