Skip to main content
H.R. 5336 116th Congress House

Investor Choice Act of 2019

Official title: To amend the Securities Exchange Act of 1934 to prohibit mandatory predispute arbitration agreements, and for other purposes.

Introduced: December 6, 2019 Introduced by: Bill Foster Democratic · Illinois See on congress.gov
Finance and Financial Sector Alternative dispute resolution, mediation, arbitrationCivil actions and liabilityConsumer affairsFinancial services and investmentsSecurities
Sign in to write a letter Sign in to watch
This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) 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
Dec 6, 2019
Referred to the House Committee on Financial Services.
Dec 6, 2019
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Latest action December 6, 2019

Referred to the House Committee on Financial Services.

 Plain-English summary Congressional Research Service

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.

 Related & companion bills 1
  • S 2992 Investor Choice Act of 2019
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 10
All 10 Democratic 7
D
Pocan, Mark
Wisconsin · Dec 19, 2019
 D
Casten, Sean
Illinois · Dec 6, 2019
CLAY, WM.
· Dec 6, 2019
 D
Dean, Madeleine
Pennsylvania · Dec 6, 2019
Heck, Denny
· Dec 6, 2019
 D
Lynch, Stephen F.
Massachusetts · Dec 6, 2019
MALONEY, CAROLYN
· Dec 6, 2019
 D
McGovern, James P.
Massachusetts · Dec 6, 2019
 D
Meeks, Gregory W.
New York · Dec 6, 2019
 D
Schakowsky, Janice D.
Illinois · Dec 6, 2019
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5336: Investor Choice Act of 2019. 116th Congress. Open America. https://openamerica.io/bill/116-HR-5336/
MLA
"H.R. 5336: Investor Choice Act of 2019." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-5336/.
Bluebook (legal)
H.R. 5336, 116th Cong. (2026), https://openamerica.io/bill/116-HR-5336/.
Markdown link
[H.R. 5336: Investor Choice Act of 2019](https://openamerica.io/bill/116-HR-5336/)
Report a problem