SIPC vs FDIC?


作者: nowhere , Jul 15,2008,17:46 回贴   论坛

SIPC covers brokerage accounts only and can provide up to $500K claim in stocks and cashes(up to $100K cash). This sounds a lot better than FDIC insurance for banking accounts for up to $100K claims.
But should a broker bankrupt, how long will it take to claim your stocks and cashes? Anyone had any expereinces before?世界论坛网 http://www.wforum.com/gbindex.html

Thanks.