S. 3715 aims to change the Securities Exchange Act of 1934 to stop requiring people to agree to settle future disputes through arbitration before any issue arises. This bill, titled the "Investor Choice Act of 2024," ensures investors can choose arbitration voluntarily or...
Simple Explanation
S. 3715 is a new rule that means people don't have to promise to use a special way called "arbitration" before having a disagreement about money stuff; they can also choose to go to regular court if they want. This rule is trying to help make sure people have a fair choice when they disagree about money.