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

Question

SIPC ensures investors against failure of a brokerage firm up to a limit of ________.A)  $100,000B)  $250,000C)  $500,000D)  $1,000,000

Mohamed Badr El Nemr · Accepted Answer

Final Answer : C, Explanation :  The Securities Investor Protection Corporation (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 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

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