What is SIPC protection?

The Securities Investor Protection Corporation (SIPC) is a non-profit corporation created by the U.S. Congress to protect clients of brokerage firms that have entered bankruptcy. The SIPC covers up to $500,000 per client, which includes a $250,000 limit for cash. Please note the SIPC does not cover a client’s investment losses due to market volatility. Learn more on the SIPC.

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