Monday, August 01, 2011

SIPC Changes Coverage For Cash Held In Brokerage Accounts

SIPC has increased the amount of coverage for cash held in brokerage accounts from $100,000 to $250,000. Overall SIPC coverage remains unchanged at $500,000 per separate customer.

Series 6, Series 7, Series 24, and Series 62 test takers should be aware of the change to coverage.


Take some free exam questions on our site at: www.securitiesce.com

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