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HR 585 115th Congress House Finance and Financial Sector Alternative dispute resolution, mediation, arbitration Civil actions and liability Consumer affairs Financial services and investments Securities

Investor Choice Act of 2017

Introduced: January 17, 2017 See on congress.gov
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 17, 2017
Referred to the House Committee on Financial Services.
Jan 17, 2017
Introduced in House
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 Plain-English summary Congressional Research Service

Investor Choice Act of 2017

This bill amends the Securities Exchange Act of 1934 and the Investment Advisers Act of 1940 to prohibit a broker, dealer, funding portal, municipal-securities dealer, or investment adviser from entering into, modifying, or extending an agreement with a customer or client if that agreement: (1) mandates arbitration with respect to a future dispute between the parties; (2) restricts or limits the ability of the customer or client to select a forum for the resolution of such a dispute; or (3) restricts or limits the ability of the customer or client to pursue, in an individual capacity or on a class-action basis, a claim relating to such a dispute.

What's happening now January 17, 2017

Referred to the House Committee on Financial Services.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 8
All 8 Democratic 8
D
Johnson, Henry C. "Hank"
Georgia · Feb 24, 2017
 D
Norton, Eleanor Holmes
District of Columbia · Feb 7, 2017
 D
Lynch, Stephen F.
Massachusetts · Jan 17, 2017
 D
McCollum, Betty
Minnesota · Jan 17, 2017
 D
McGovern, James P.
Massachusetts · Jan 17, 2017
 D
Meeks, Gregory W.
New York · Jan 17, 2017
 D
Pocan, Mark
Wisconsin · Jan 17, 2017
 D
Schakowsky, Janice D.
Illinois · Jan 17, 2017
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 585: Investor Choice Act of 2017. 115th Congress. Open America. https://openamerica.io/bill/115-HR-585/
MLA
"H.R. 585: Investor Choice Act of 2017." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-585/.
Bluebook (legal)
H.R. 585, 115th Cong. (2026), https://openamerica.io/bill/115-HR-585/.
Markdown link
[H.R. 585: Investor Choice Act of 2017](https://openamerica.io/bill/115-HR-585/)
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