Stock Market Investors » Glossary of Stock Terms » What does SIPC Stand for?

What does SIPC Stand for?

SIPC stands for Securities Investor Protection Corporation. This entity represents a private agency that is sponsored by the US government. The major activity of the SIPC is to provide insurance against a potential failure on the part of a brokerage. Thorough this insurance your assets are protected from major losses. However, the insurance provided by the SIPC is not limitless. It is no more than $500,000 for each account you own. Additionally, you should keep in mind that the coverage of the insurance doesn't include losses from trades.

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