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== | ||
| + | * [[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.
