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SIPC provides brokerage account insurance up to $500,000 if your assets and cash go missing. Investment losses or claims against bad advice are not covered.
SIPC protects 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.
SIPC protects brokerage accounts of each customer up to $500,000, including up to $250,000 for cash. SIPC insurance doesn't cover losses related to decline in market value. What are the key differences between the two? What types of assets in a Vanguard Brokerage Account are covered by the FDIC?
SIPC coverage insures people for up to $500,000 in cash and securities per account. Here's how this insurance can protect you as an investor.
The Securities Investor Protection Corporation (SIPC) protects customers if their brokerage firm fails. Brokerage firm failures are rare. If it happens, SIPC protects the securities and cash in your brokerage account up to $500,000. The $500,000 protection includes up to $250,000 protection for cash in your account to buy securities.
The Securities Investor Protection Corporation (SIPC) safeguards assets in your investment account if your brokerage firm fails. See how SIPC insurance works and what it covers.
The Securities Investor Protection Corp. will help get your cash and securities back if your broker-dealer fails. Here's a look at how SIPC works.