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Investor Justice Act: Funding Legal Aid for Small Investor Claims

This act aims to improve access to free legal assistance for individuals who have lost money on investments. New grants will enable legal clinics to help citizens in disputes with investment firms, especially for smaller amounts. This means a better chance of recovering funds and stronger protection for investor rights.
Key points
Establishes a grant program for legal clinics offering free assistance to investors in securities disputes.
These clinics will help individuals with claims under $100,000 in arbitrations and mediations.
Grants can be used for the development, expansion, or continuation of these clinics, increasing the availability of legal support.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_7923
Sponsor: Rep. Quigley, Mike [D-IL-5]
Process start date: 2022-05-31
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Investor Justice Act of 2022

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_7923.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2022-05-31.

What are the main provisions?

Key points include:

  • Establishes a grant program for legal clinics offering free assistance to investors in securities disputes.
  • These clinics will help individuals with claims under $100,000 in arbitrations and mediations.
  • Grants can be used for the development, expansion, or continuation of these clinics, increasing the availability of legal support.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Quigley, Mike [D-IL-5].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Financial Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Courts and Law Economy