Securities Investor Protection Corporation

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Revision as of 11:03, 14 January 2015 by imported>Doug Williamson (Update entry: Added see also and category)
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US.

SIPC provides an element of protection for investors whose money, stocks and other securities are stolen by a broker holding them or put at risk when the brokerage fails.

It was formed through the Securities Investors Protection Act of 1970 but it is a member body not a Federal agency - its members being the brokerages covered.


See also