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Strategies & Market Trends : From the Trading Desk

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To: steve goldman who wrote (2528)2/9/1998 11:33:00 AM
From: Carl Fritch  Read Replies (1) of 4969
 
Steve,

If we have a major market crash a lot of brokers can and probably go down with the market.

I'm wondering how "safe" you money is when it is in a brokerage money market account. I believe that your stock would be OK because of the SEC rules and such but I wonder how your cash would fare. Are there rules that protect you or are you own your own in that case..

Thanks in advance,
Carl Fritch

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