1. Short title This Act may be cited as the Investor Choice Act of 2017 . 2. Findings Congress makes the following findings: (1) Investor confidence in fair and equitable recourse is essential to the health and stability of the securities markets and to the participation of retail investors in such markets. (2) Brokers, dealers, and investment advisers hold powerful advantages over investors, and mandatory arbitration clauses, including contracts that force investors to submit claims to arbitration or to waive their right to participate in a class action, leverage these advantages to severely restrict the ability of defrauded investors to seek redress. (3) Investors should be free to choose arbitration to resolve disputes if they judge that arbitration truly offers them the best opportunity to efficiently and fairly settle disputes, and investors should also be free to pursue remedies in court should they view that option as superior to arbitration. 3. Arbitration agreements in the Securities Exchange Act of 1934 Section 15(o) of the Securities Exchange Act of 1934 ( 15 U.S.C. 78o(o) ) is amended to read as follows: (o) Limitations on pre-Dispute agreements Notwithstanding any other provision of law, it shall be unlawful for any broker, dealer, funding portal, or municipal securities dealer to enter into, modify, or extend an agreement with customers or clients of such entity with respect to a future dispute between the parties to such agreement that— (1) mandates arbitration for such dispute; (2) restricts, limits, or conditions the ability of a customer or client of such entity to select or designate a forum for resolution of such dispute