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Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: OX who wrote (9925)4/10/2002 6:33:48 PM
From: LPS5  Read Replies (1) | Respond to of 12617
 
SIPC coverage does not depend upon whether your brokerage firm is self-clearing or clears on an omnibus/FD basis.



To: OX who wrote (9925)4/11/2002 7:30:36 AM
From: YxY  Read Replies (1) | Respond to of 12617
 
So if one is afraid that his broker goes bust should one sell his stocks, go cash and wire the money to another account (wire is very fast) or keep stocks (which seems safer than cash for protection matter) and proceed with an account transfer which is a 2 3 week process. That is the Question...<G>


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