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Yep. I am curious if they will be able to remake the offering in a meaningful way such that it will be insured by the SIPC and still be a product substantially
by williamscales 8y ago
Yep. I am curious if they will be able to remake the offering in a meaningful way such that it will be insured by the SIPC and still be a product substantially similar to what was originally offered. I imagine the SIPC wouldn't be overly amused if they see a thinly veiled pretense. The other investment firms that offer interest paying checking seem to do it via accounts at other banks that are FDIC insured.