Securities Investor Protection Corporation: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Update entry: Added see also and category) |
(Add link.) |
||
| (One intermediate revision by one other user not shown) | |||
| Line 1: | Line 1: | ||
''US.'' | ''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. | 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. | ||
| Line 8: | Line 10: | ||
==See also== | ==See also== | ||
* [[Broker]] | * [[Broker]] | ||
* [[Brokerage]] | |||
[[Category:Financial_risk_management]] | [[Category:Financial_risk_management]] | ||
Latest revision as of 09:39, 5 October 2023
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.
