Can anybody tell me what does a segregated account mean?

Quote from Lucrum:

It no longer means the same thing it used to.
Which would seem to be a huge deal but no one is addressing it in a substantial way.
The nfa/cftc have always said that the money is safe and they didn’t need anything like the SIPC all because of segregated accounts. It would appear that is relatively meaningless now.
 
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