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Securities Investor Protection Corporation
Definition
SIPC. A non-profit membership corporation established by Congress which insures securities and cash in customer accounts up to $500,000 (up to $100,000 on cash) in the event of brokerage bankruptcy. The SIPC is funded by all of its member securities broker/dealers. While it insures the account in the event that a brokerage runs out of funds to cover its claims, it does not insure against investment losses.
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Nearby Terms
- Securities Industry Association
- Securities Industry Automation Corporation (SIAC)
- Securities Industry Committee on Arbitration (SICA)
- Securities Information Center (SIC)
- Securities Investor Protection Act of 1970
- Securities Investor Protection Corporation
- Securities Law Enforcement Remedies Act of 1990
- securities lending
- securities loan
- securities market
- securities subsidiary



