The Federal Arbitration Act or FAA, is an act of Congress that provides for non-judicial facilitation of private dispute resolution through arbitration. The Federal Arbitration Act is a federal statute, codified at 9 USC §§ 1-16, that protects the integrity of many arbitration agreements.Federal Rules of Civil Procedure, referred to in text, are set out in Appendix to Title 28, Judiciary and Judi- cial Procedure. AMENDMENTS. 4 Therefore, a general choice-of-law provision. Passage of the FAIR Act would protect over 60 million American workers who have signed contracts with mandatory arbitration clauses and class action waivers. Enacted in 1925, the Federal Arbitration Act (FAA) seeks to ensure the validity and enforcement of arbitration agreements in any maritime transaction.