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Strategies & Market Trends : Strictly: Drilling II
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To: isopatch who wrote (19748)10/3/2002 10:14:40 AM
From: churchy6  Read Replies (1) of 36161
 
Isopatch or anyone with insights

I find the possibility of failed brokerages/failed SIPC terrifying but don't feel that I truly understand the ramnifications.

Let's imagine my brokerage and the SIPC fail. Are just my cash balances at risk or are my stock holdings at risk as well? Ultimately, who owns my stocks, me or the brokerage?

Thanks in advance for any responses
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