[Congressional Record Volume 170, Number 18 (Wednesday, January 31, 2024)]
[House]
[Page H365]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

           By Mr. FOSTER:
       H.R. 7168.
       Congress has the power to enact this legislation pursuant 
     to the following:
       This bill is enacted pursuant to the power granted to 
     Congress under Article I, Section 8, Clauses 1 and 18 of the 
     United States Constitution.
       The single subject of this legislation is:
       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.