Securities Investor Protection Corporation: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>John Grout (To create entry) |
(No difference)
|
Revision as of 10:51, 13 August 2014
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.
