; and (2) in section 6(b) ( 15 U.S.C. 78f(b) ), by adding at the end the following: (11) Mandatory arbitration The rules of the exchange prohibit the listing of any security if such issuer, in its bylaws, other governing documents, or any contract with a shareholder related to the parties as issuer and shareholder mandates arbitration for any disputes between the issuer and the shareholders of the issuer. . (b) Application to existing agreements (1) In general With respect to an agreement described in section 15(o) of the Securities Exchange Act of 1934 that was entered before the date of the enactment of this Act, any provision prohibited by section 15(o) of the Securities Exchange Act of 1934 is void. (2) Ongoing arbitration A provision prohibited by section 15(o) of the Securities Exchange Act of 1934 shall not be void under paragraph (1) if arbitration required by such provision was initiated by any party on or before the date of the enactment of this subsection. 4. Arbitration agreements in the Securities Act of 1933 Section 6 of the Securities Act of 1933 ( 15 U.S.C. 77f ) is amended by adding at the end the following: (f) Limitation on arbitration requirements A security may not be registered with the Commission if the issuer of such security, in its bylaws, or other governing documents, or any contract with a shareholder related to the parties as issuer and shareholder mandates arbitration for any disputes between the issuer and the shareholders of the issuer. . 5. Arbitration agreements in the Investment Advisers Act of 1940 (a) In general Section 205(f) of the Investment Advisers Act of 1940 ( 15 U.S.C. 80b–5(f) ) is amended to read as follows: (f) Notwithstanding any other provision of law, it shall be unlawful for any investment adviser 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