Securities Investor Protection Corporation
- Securities Investor Protection Corporation
Fin
in the United States, a corporation created by Congress in 1970 that is a mutual insurance fund established to protect clients of securities firms. In the event of a firm being closed because of bankruptcy or financial difficulties, the SIPC will step in to recover clients’ cash and securities held by the firm. The corporation’s reserves are available to satisfy cash and securities that cannot be recovered up to a maximum of $500,000, including a maximum of $100,000 on cash claims.
Abbr. SIPC
The ultimate business dictionary.
2015.
Look at other dictionaries:
Securities Investor Protection Corporation — n. An organization established by federal statute to help brokers and dealers in corporate securities who find themselves in financial difficulties. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney… … Law dictionary
Securities Investor Protection Corporation — The Securities Investor Protection Corporation (SIPC) is a federally mandated non profit corporation in the United States that protects securities investors from harm if a broker/dealer defaults. Investors are not insured for any potential loss… … Wikipedia
Securities Investor Protection Corporation — ( SIPC) A nonprofit corporation that insures customers securities and cash held by member brokerage firms against the failure of those firms. Bloomberg Financial Dictionary … Financial and business terms
Securities Investor Protection Act — The Securities Investor Protection Act of 1970 codified at usc|15|78aaa through usc|15|78lll, established the Securities Investor Protection Corporation (SIPC). Most brokers and dealers registered under the Securities and Exchange Act of 1934 are … Wikipedia
Securities Investor Protection Corporation - SIPC — A nonprofit corporation created by an act of Congress to protect the clients of brokerage firms that are forced into bankruptcy. Members to the SIPC include all brokers and dealers registered under the Securities Exchange Act of 1934, all members … Investment dictionary
Canadian Investor Protection Fund — The Canadian Investor Protection Fund (CIPF) is a not for profit corporation created by the Canadian investment industry in 1969 to protect investor assets in the event of a CIPF member s bankruptcy. The CIPF is funded by CIPF members which… … Wikipedia
Dodd–Frank Wall Street Reform and Consumer Protection Act — Full title An Act to promote the financial stability of the United States by improving accountability and transparency in the financial system, to end too big to fail , to protect the American taxpayer by ending bailouts, to protect consumers… … Wikipedia
Dodd–Frank Wall Street Reform and Consumer Protection Act — Titre An Act to promote the financial stability of the United States by improving accountability and transparency in the financial system, to end too big to fail , to protect the American taxpayer by ending bailouts, to protect consumers from… … Wikipédia en Français
Federal Deposit Insurance Corporation — FDIC … Wikipedia
Investor relations — (IR) is a strategic management responsibility that integrates finance, communication, marketing and securities law compliance to enable the most effective two way communication between a company, the financial community, and other constituencies … Wikipedia
Pension Benefit Guaranty Corporation — (United States) Agency overview Formed September 2, 1974 … Wikipedia