Pipeline · Bill → Law
Step 1
Introduced
Jan 31, 2024
Step 2
Referred
Jan 31, 2024
Banking, Housing, and Urban Affairs
Step 3
Committee
Step 4
Senate
Step 5
House floor
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 Senate
Jan 31, 2024
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.