Here’s how to check if your brokerage account is insured, and how much insurance you have for your assets.

But we should be stunned that there is a SIPC, formed to protect brokerage customers, that actually exists to penalize them. SIPC insurance is a scam – indeed a bigger scam than Madoff.

You might be wondering: are brokerage accounts FDIC-insured? Since the Federal Deposit Insurance Corporation (FDIC) only protects bank account deposits, it does not cover brokerage account funds.

Your bank account balances are insured by the FDIC. Assets in your brokerage are also protected, but by a different entity — the nonprofit Securities Investor Protection Corporation, or SIPC.… ...

Don't count on insurance if your stocks plunge. Wouldn't it be nice if your brokerage account was insured, so that if you made some boneheaded moves and lost half your money, the insurance would ...

Stephen P. Harbeck, President and CEO of the Securities Investor Protection Corporation (SIPC) has written a strongly worded response to my Forbes column entitled “Close Your Brokerage Account ...

Brokerage accounts are a type of financial account that investors use to hold, buy, and sell financial assets and publicly traded securities.

Here’s how to check if your brokerage account is insured, and how much insurance you have for your assets.

Your bank account balances are insured by the FDIC. Assets in your brokerage are also protected, but by a different entity — the nonprofit Securities Investor Protection Corporation, or SIPC.… ...

Your bank account balances are insured by the FDIC. Assets in your brokerage are also protected, but by a different entity - the nonprofit Securities Investor Protection Corporation, or SIPC. In ...

Your bank account balances are insured by the FDIC. Assets in your brokerage are also protected, but by a different entity — the nonprofit Securities Investor Protection Corporation, or SIPC.… ...