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They are SIPC insured and every single regulation and capital requirement is designed so the broker fails first before any customer assets are at risk. Maybe so
by nimos 6y ago
They are SIPC insured and every single regulation and capital requirement is designed so the broker fails first before any customer assets are at risk. Maybe some stuff in flight might have issues.
It might create a liquidity crunch for some people but the idea that people would only get a fraction of their account is pretty much FUD.
- valuearb 6y agoBut the idea they could go months or years without getting access to the stocks in their account isn’t. And it’s small consolation to get all your GME shares back only when it’s trading back at $20.