Which of the following protects investors against the loss of cash and securities held at a brokerage firm in case the firm goes bankrupt?

Question

Quizplus · Accepted Answer

The Securities Investor Protection Corporation (SIPC) protects investors against the loss of cash and securities (such as stocks and bonds) held by a brokerage firm in the event that the brokerage firm goes bankrupt. This protection does not cover investment losses due to market fluctuations but safeguards the assets in case the firm fails.

Which of the Following Protects Investors Against the Loss of Cash