Chances of brokers like IB going under?

Quote from trueliquidity:

Any thoughts on if this could actually happen? I doubt SIPC would actually cover anything in your accounts if entire brokerages start collapsing...

Ah, the brilliance of ET at its best.


How many here still have any account left to blow up?

This site truly becomes a wast of time as each day passes.


Good Luck!
 
Quote from bluedemon77:

So then what is the purpose of SIPC?
To ADVANCE payments.

Your securities are safe, but it would take months or years in courtrooms to get them back.
 
Quote from bluedemon77:

So then what is the purpose of SIPC?
To ADVANCE payments.

Your securities are safe, but it would take months or years in courtrooms to get them back.
 
Back
Top