SIPC insurance is offered by some full-service brokers to protect investors from large losses.

Name: SIPC insurance is offered by some full-service brokers to protect investors from large losses.
Brand: Quizplus
Rating: 4.8 (43 reviews)

Question

Quizplus · Accepted Answer

SIPC insurance protects investors by insuring against the loss of cash and securities (such as stocks and bonds) held by a customer at a financially-troubled SIPC-member brokerage firm. It does not protect against market losses.

SIPC Insurance Is Offered by Some Full-Service Brokers to Protect