Skip to main content
H.R. 7168 118th Congress House

Investor Choice Act of 2024

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

Introduced: January 31, 2024 Introduced by: Bill Foster Democratic · Illinois See on congress.gov
Finance and Financial Sector
Sign in to write a letter Sign in to watch
This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) 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 31, 2024
Introduced in House
Jan 31, 2024
Referred to the House Committee on Financial Services.
 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 January 31, 2024

Referred to the House Committee on Financial Services.

 Plain-English summary Congressional Research Service

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.

 Related & companion bills 2
  • S 3715 Identical bill Investor Choice Act of 2024
  • HR 2620 Reintroduction of Investor Choice Act of 2021
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 6
All 6 Democratic 6
D
García, Jesús G. "Chuy"
Illinois · Feb 5, 2024
 D
Casten, Sean
Illinois · Jan 31, 2024
 D
Dean, Madeleine
Pennsylvania · Jan 31, 2024
 D
Meeks, Gregory W.
New York · Jan 31, 2024
 D
Schakowsky, Janice D.
Illinois · Jan 31, 2024
 D
Velázquez, Nydia M.
New York · Jan 31, 2024
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 7168: Investor Choice Act of 2024. 118th Congress. Open America. https://openamerica.io/bill/118-HR-7168/
MLA
"H.R. 7168: Investor Choice Act of 2024." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-7168/.
Bluebook (legal)
H.R. 7168, 118th Cong. (2026), https://openamerica.io/bill/118-HR-7168/.
Markdown link
[H.R. 7168: Investor Choice Act of 2024](https://openamerica.io/bill/118-HR-7168/)
Report a problem