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To: Knighty Tin who wrote (152106)2/19/2002 12:09:45 PM
From: Bull RidaH  Read Replies (1) | Respond to of 436258
 
Would you feel comfortable maintaining a brokerage account with a good chunk of your net worth at Brown & Company, a JPM subsidiary?



To: Knighty Tin who wrote (152106)2/19/2002 12:45:46 PM
From: Bill/WA  Read Replies (1) | Respond to of 436258
 
Michael,
<<Also, I do not believe a parental failure would hurt their accounts>> This was really my concern rather than the sub failing -g-
Here's another question to open another can of worms -g-
What happens to your option positions IF a brokerage house fails?? Are they cashed out (and you receive the cash) or are they transferred to another broker??