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Legal Aid for Investors: Support in Financial Disputes

This act establishes a grant program for organizations providing free legal assistance to investors with smaller financial claims. This allows citizens who have lost money on investments to get support in disputes without high costs, increasing their chances of recovering funds.
Key points
Free legal representation for investors with claims under $100,000 in securities disputes.
Grants for law school clinics or non-profit organizations offering such services.
Increased access to justice for small investors who previously faced barriers in pursuing their rights.
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Additional Information
Print number: 117_S_4657
Sponsor: Sen. Cortez Masto, Catherine [D-NV]
Process start date: 2022-07-28