HR 5336 · 116th Congress · Finance and Financial Sector

Investor Choice Act of 2019

Introduced 2019-12-06· Sponsored by Rep. Foster, Bill [D-IL-11]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2019-12-06)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (10)

10 Democrats
Rep. Maloney, Carolyn B. [D-NY-12]NY
Rep. Meeks, Gregory W. [D-NY-5]NY
Rep. Casten, Sean [D-IL-6]IL
Rep. Lynch, Stephen F. [D-MA-8]MA
Rep. Schakowsky, Janice D. [D-IL-9]IL
Rep. McGovern, James P. [D-MA-2]MA
Rep. Clay, Wm. Lacy [D-MO-1]MO
Rep. Dean, Madeleine [D-PA-4]PA
Rep. Heck, Denny [D-WA-10]WA
Rep. Pocan, Mark [D-WI-2]WI