Investor Choice Act of 2026

The Investor Choice Act of 2026 prohibits companies, brokers, and investment advisers from forcing customers into mandatory arbitration or class-action waivers for future disputes. Under this law, securities exchanges cannot list stocks from issuers that require arbitration in their bylaws or contracts, and financial firms are barred from entering into agreements that limit a client's choice of legal forum or ability to join group lawsuits. The bill applies to new contracts signed after its enactment, while existing agreements containing these prohibited clauses become void unless arbitration proceedings were already started before the law takes effect.