> i.e. no different from bank seizing your house if your mortgage arrangement blows up. No, this would be like the bank seizing your house if SOMEONE ELSE'S lo

> i.e. no different from bank seizing your house if your mortgage arrangement blows up. No, this would be like the bank seizing your house if SOMEONE ELSE'S loan arrangement blows up (specifically your broker's loans from the securities exchange). And yes, this assertion is correct, your securities ownership will be in question if your broker becomes insolvent, especially if it becomes insolvent due to fraud. But this is just fox news scaring people. They don't even take the scariest laws. If your broker goes bankrupt because it commits tax fraud ... then a much bigger can of worms is opened, which can have even bigger consequences for customers. And it's Fox News, right. Also from the article: "Lawmakers could also enact new legislation that weakens current consumer safeguards" Well, yes. In other news: lawmakers could enact legislation that makes it legal to kill your dog.