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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Ilaine who wrote (37553)11/25/1998 10:33:00 PM
From: novice investor  Read Replies (2) | Respond to of 132070
 
Hi Cobalt,

>> I was worried about The Big Kahuna, and wanted to be able to walk into office and demand that they SELL! SELL! <<

I'm a little curious about stability of smaller brokerage firms. What kind of insurance does your broker have if the Big Kahuna does hit? Are there any chances of Scottrade going under water? How do they guarantee that you will be able to get your assets and money out if they go broke?

Thanks,

NI

P.S. I consider the increasing number of brokerage houses to be another sign of market mania. Do you agree?