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MoFo Reenforcement The Enforcement Blog

U.S. House of Representatives Passes the Financial CHOICE Act of 2017

Posted in Regulatory Developments

On June 8, 2017, the Financial CHOICE Act of 2017 (the “CHOICE Act”) was passed on a party line vote by the U.S. House of Representatives, with nearly all Republicans voting in support and nearly all Democrats voting against passage.

The CHOICE Act now moves to the U.S. Senate where it faces an uphill battle. This client alert provides a summary of some of the principal components of the bill.

Read our client alert.