Pipeline · Bill → Law
Step 1
Introduced
Jan 31, 2024
Step 2
Referred
Jan 31, 2024
Financial Services
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS 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.
Timeline · 2 actions
Jan 31, 2024
Introduced in House
Jan 31, 2024
Referred to the House Committee on Financial Services.