FINRA refers to SIPC as ‘Insurance’

If a Brokerage Firm Closes Its Doors

Given the turbulence affecting the financial services industry these days, you may be wondering what would happen to your securities account if your brokerage firm closed its doors.
Read Investors Alert article on FINRA here.

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1 comment to FINRA refers to SIPC as ‘Insurance’

  • drh

    Do you think Picard or Judge Lifland have read this one article? Seems pretty clear that SIPC is an insurance vehicle and clear as to what it covers. Unbelievable how Picard has turned this all around.