118th Congress Finance and Financial Sector
H.R. 7168: Investor Choice Act of 2024
Introduced
- Introduced (completed)
- Passed House (not reached)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
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.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Sean Casten D-ILOriginal
- Madeleine Dean D-PAOriginal
- Gregory Meeks D-NYOriginal
- Janice Schakowsky D-ILOriginal
- Nydia Velázquez D-NYOriginal
- Jesús García D-IL
Who scored on this bill
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Other bills by Bill Foster
- H.R. 3682: Financial Stability Oversight Council Improvement Act of 2025
- H.R. 783: To designate the Department of Energy Integrated Engineering Research Center Federal Building located at the Fermi National Accelerator Laboratory in Batavia, Illinois, as the "Helen Edwards Engineering Research Center".
History
- Introduced in the House by Bill Foster.
Show the full action history (2 actions)
- Introduced in House
- Referred to the House Committee on Financial Services.