The Securities Investor Protection Corporation protects investors against losses due to unfavorable market moves of up to $500,000.

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 customer at a financially-troubled SIPC-member brokerage firm. The limit of SIPC protection is $500,000, which includes a $250,000 limit for cash. It does not protect against losses due to market fluctuations.

The Securities Investor Protection Corporation Protects Investors Against Losses Due