Investor Protection Act of 2009

[AI summary unavailable — showing source text] Investor Protection Act of 2009 - Amends the Securities Exchange Act of 1934 to establish the Investor Advisory Committee to advise and consult with the Securities and Exchange Commission (SEC) on: (1) regulatory priorities and issues regarding new products, trading strategies, fee structures, and the effectiveness of disclosures; (2) initiatives to protect investor interest; and (3) initiatives to promote investor confidence in the integrity of the marketplace. Amends the Securities Act of 1933, the Securities Exchange Act of 1934, the Investment Advisers Act of 1940 and Investment Company Act of 1940 to authorize the SEC to engage in temporary or experimental programs in the public interest or for protection of investors. Amends the Securities Exchange Act of 1934 and the Investment Advisers Act of 1940 to: (1) direct the SEC to establish a standard of conduct for brokers, dealers, and investment advisers; (2) authorize the SEC to restrict mandatory pre-dispute arbitration affecting customers or clients; and (3) modify SEC authority to limit disclosure of information. Amends the Investment Company Act of 1940 to: (1) authorize the SEC to require investor disclosures before purcha…