SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (28957)11/13/2007 10:42:52 AM
From: Wallace Rivers  Respond to of 78763
 
FWIW in conversation with my good friend and former broker (former because after him I became licensed as a broker), he mentioned that the 500 K SIPC protection is not for assets held at each brokerage firm, but for total assets held by one tax ID (in most cases SS numbers) at all custodians.
This may be common knowledge, but I thought I'd pass it on.



To: Paul Senior who wrote (28957)11/13/2007 3:11:38 PM
From: Brendan W  Read Replies (1) | Respond to of 78763
 
I opened accounts today at Scottrade. I am transferring Etrade securities out to get under the SIPC levels. Boulder is a small branch and the branch manager has noticed an influx of Etrade transfers today (six persons, eight accounts).


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News