3 ms·
Where did you get the "So no coverage against, i.e. fire, flood, robbery or embezzlement" claim from? It isn't in [1] or [2] and contradicts this: https://www.
by Someone1234 8y ago
Where did you get the "So no coverage against, i.e. fire, flood, robbery or embezzlement" claim from? It isn't in [1] or [2] and contradicts this:
https://www.fool.com/investing/brokerage/2014/05/11/what-sipc-does-and-does-not-cover.aspx https://www.fool.com/investing/brokerage/2014/05/11/what-sip...
- intopieces 8y agoFrom your link: >SIPC does not protect customer funds placed with a broker-dealer just to earn interest. In this case, doesn't that mean the people who just use Robinhood has a checking / savings account aren't covered?