HR 7168 · 118th Congress · Finance and Financial Sector

Investor Choice Act of 2024

Introduced 2024-01-31· 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.(2024-01-31)

Plain Language Summary

[AI summary unavailable — showing source text] Investor Choice Act of 2024 This bill prohibits broker-dealers and investment advisers from including mandatory arbitration, forum selection restrictions, or bans on class action suits in customer or client agreements. Issuers of securities are also prohibited from mandating arbitration in shareholder agreements.…

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

Cosponsors (6)

6 Democrats
Rep. Schakowsky, Janice D. [D-IL-9]IL
Rep. Casten, Sean [D-IL-6]IL
Rep. Meeks, Gregory W. [D-NY-5]NY
Rep. Velazquez, Nydia M. [D-NY-7]NY
Rep. Dean, Madeleine [D-PA-4]PA
Rep. Garcia, Jesus G. "Chuy" [D-IL-4]IL