According to recent legislation,under the FDIC each brokerage account is insured up to $250,000.

Name: According to recent legislation,under the FDIC each brokerage account is insured up to $250,000.
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The FDIC insures deposits in banks and savings institutions, not brokerage accounts. Brokerage accounts are typically covered by SIPC, which protects against the loss of cash and securities up to $500,000, including a $250,000 limit for cash.

According to Recent Legislation,under the FDIC Each Brokerage Account Is