Difference between revisions of "Securities Investor Protection Corporation"

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(SIPC).
  
 
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.  
 
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.
 
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.
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==See also==
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* [[Broker]]
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[[Category:Financial_risk_management]]

Latest revision as of 16:40, 3 January 2018

US

(SIPC).

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