The ________ was established to protect investors from losses if their brokerage firms fail.

Question

Quizplus · Accepted Answer

SIPC (Securities Investor Protection Corporation) was established to protect investors from losses if their brokerage firms fail. SIPC can replace missing stocks, bonds, and other securities that were purchased on margin or held in a brokerage account up to a maximum of $500,000, including $250,000 in cash balances. The CFTC (Commodity Futures Trading Commission) regulates futures and options markets, while the SEC (Securities and Exchange Commission) oversees the securities industry. AIMR (Association for Investment Management and Research) is now known as CFA Institute and provides certifications for investment professionals.

The ________ Was Established to Protect Investors from Losses If