Asked by Marcos Urbina on Jun 10, 2024
Verified
SIPC ensures investors against failure of a brokerage firm up to a limit of ________.
A) $100,000
B) $250,000
C) $500,000
D) $1,000,000
SIPC
SIPC stands for the Securities Investor Protection Corporation, which is a nonprofit organization that insures investors' securities and cash in the event a brokerage firm goes bankrupt or faces financial difficulties.
Brokerage Firm
A company that acts as an intermediary between buyers and sellers of financial securities, providing investment services and advice.
- Recognize key regulatory institutions and their functions within the United States securities markets.
Verified Answer
Learning Objectives
- Recognize key regulatory institutions and their functions within the United States securities markets.
Related questions
The Largest Nongovernmental Regulator of Securities Firms in the United ...
In 2007, the NASDAQ Stock Market Merged with ________ ...
The Investment Industry Regulatory Organization of Canada,combining the Investment Dealers ...
The ___ Establishes and Updates Rules to Ensure That Member ...
The World Bank Established the Multilateral Investment Guarantee Agency to ...