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The Primary Function of the Security Investor Protection Corporation (SIPC)

Question 95

Multiple Choice

The primary function of the Security Investor Protection Corporation (SIPC) is to


A) investigate member securities firms.
B) regulate member securities firms.
C) prosecute cases of fraud within securities firms.
D) oversee accounting practices of securities firms and investment banks.
E) Restore customer cash and securities of bankrupt or insolvent securities firms.

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