Etrade is not a member of SIPC (Securities Investor Protection Corporation)

HeSaidSheSaid

HeSaidSheSaid

•but Charles Schwab and TD Ameritrade are members of the SIPC (SECURITIES INVESTOR PROTECTION CORPORATION).

https://www.sipc.org/list-of-members?query=etrade

"SIPC was created under the Securities Investor Protection Act as a non-profit membership corporation. SIPC oversees the liquidation of member broker-dealers that close when the broker-dealer is bankrupt or in financial trouble, and customer assets are missing. In a liquidation under the Securities Investor Protection Act, SIPC and the court-appointed Trustee work to return customers’ securities and cash as quickly as possible. Within limits, SIPC expedites the return of missing customer property by protecting each customer up to $500,000 for securities and cash (including a $250,000 limit for cash only)."


•SPX at 2920 Vs Amazon: who's going to reach to 3000 level first?

•"FAST FOOD DROP Inmates ‘used a drone to deliver Chinese takeaway to Wheatfield Prison after staff discover containers in bin"

https://www.thesun.ie/news/3193503/inmates-drone-deliver-chinese-takeaway-wheatfield-prison/


 
HeSaidSheSaid said:
•but Charles Schwab and TD Ameritrade are members of the SIPC (SECURITIES INVESTOR PROTECTION CORPORATION).

https://www.sipc.org/list-of-members?query=etrade

"SIPC was created under the Securities Investor Protection Act as a non-profit membership corporation. SIPC oversees the liquidation of member broker-dealers that close when the broker-dealer is bankrupt or in financial trouble, and customer assets are missing. In a liquidation under the Securities Investor Protection Act, SIPC and the court-appointed Trustee work to return customers’ securities and cash as quickly as possible. Within limits, SIPC expedites the return of missing customer property by protecting each customer up to $500,000 for securities and cash (including a $250,000 limit for cash only)."


•SPX at 2920 Vs Amazon: who's going to reach to 3000 level first?

•"FAST FOOD DROP Inmates ‘used a drone to deliver Chinese takeaway to Wheatfield Prison after staff discover containers in bin"

https://www.thesun.ie/news/3193503/inmates-drone-deliver-chinese-takeaway-wheatfield-prison/

More...

But e*trade is.

Jtmarlin isn’t either. Nor is charley swab or goldan saks.
 
HeSaidSheSaid said:
•but Charles Schwab and TD Ameritrade are members of the SIPC (SECURITIES INVESTOR PROTECTION CORPORATION).

https://www.sipc.org/list-of-members?query=etrade

"SIPC was created under the Securities Investor Protection Act as a non-profit membership corporation. SIPC oversees the liquidation of member broker-dealers that close when the broker-dealer is bankrupt or in financial trouble, and customer assets are missing. In a liquidation under the Securities Investor Protection Act, SIPC and the court-appointed Trustee work to return customers’ securities and cash as quickly as possible. Within limits, SIPC expedites the return of missing customer property by protecting each customer up to $500,000 for securities and cash (including a $250,000 limit for cash only)."


•SPX at 2920 Vs Amazon: who's going to reach to 3000 level first?

•"FAST FOOD DROP Inmates ‘used a drone to deliver Chinese takeaway to Wheatfield Prison after staff discover containers in bin"

https://www.thesun.ie/news/3193503/inmates-drone-deliver-chinese-takeaway-wheatfield-prison/

More...
https://www.sipc.org/list-of-members?query=e*trade

E*Trade is an SIPC member.
 
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i couldn't find etrade on the list.

etrade.png


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etrade.png
 
newwurldmn said:
But e*trade is.

Jtmarlin isn’t either. Nor is charley swab or goldan saks.
More...

I do all my trades with JT Marlin, I can always get Seth on the phone and he's a good man, a family man like myself. Plus, he's always giving me great deals.
 
destriero said:
the sky is falling!
More...

I've watched a lot of American Greed episodes. I realize there're a lot of crooks on Wall Street.

•"And then came the revelation that an estimated $1.2 billion in customer assets had vanished at MF Global, the large brokerage and futures trading firm headed by Jon S. Corzine"

https://www.nytimes.com/2011/12/10/business/an-unthinkable-risk-at-a-brokerage-firm.html


•"Peregrine Financial Group Inc., commonly known as PFGBest,[1] was an Iowa-based financial firm that operated for over 20 years. It was shut down in July 2012[2] after it was put under investigation for a $200 million shortfall in customer funds.[3] Peregrine’s chief executive, Russell R. Wasendorf Sr., was arrested and charged with making false statements to the Commodity Futures Trading Commission (CFTC)."

https://en.wikipedia.org/wiki/Peregrine_Financial_Group
 
HeSaidSheSaid said:
I've watched a lot of American Greed episodes. I realize there're a lot of crooks on Wall Street.

•"And then came the revelation that an estimated $1.2 billion in customer assets had vanished at MF Global, the large brokerage and futures trading firm headed by Jon S. Corzine"

https://www.nytimes.com/2011/12/10/business/an-unthinkable-risk-at-a-brokerage-firm.html


•"Peregrine Financial Group Inc., commonly known as PFGBest,[1] was an Iowa-based financial firm that operated for over 20 years. It was shut down in July 2012[2] after it was put under investigation for a $200 million shortfall in customer funds.[3] Peregrine’s chief executive, Russell R. Wasendorf Sr., was arrested and charged with making false statements to the Commodity Futures Trading Commission (CFTC)."

https://en.wikipedia.org/wiki/Peregrine_Financial_Group
More...


Which has exactly nothing to do with equity brokerage/SIPC.
 
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