SIPC is again pleased to support IOSCO’s World Investor Week #IOSCOWIW2024, a week-long (October 7th- 13th) initiative dedicated to raising global awareness on the importance of investor education and protection. https://t.co/r842SC6OlQ
#WorldInvestorWeek#IOSCOWIW2024"
SIPC is proud to promote IOSCO’s World Investor Week 2023 and the global effort to educate investors. SIPC joins its partners in issuing an investor bulletin on this year’s themes of Investor Resilience, Crypto Assets, and Sustainable Finance. #WorldInvestorWeek#IOSCOWIW2023
@SeanBre90802616 As long as your broker is a SIPC member, your securities and cash are automatically protected up to the $500,000 statutory limit. See https://t.co/Q8fjyKvIfQ.
@rainmanissmart@SECGov@federalreserve@USTreasury The $500,000 limit is set by statute and can only be changed by an act of Congress. We do not know if or when Congress might consider changing this limit.
@FingerInaDyke96 @RobinhoodApp @TDAmeritrade @Fidelity Should you have questions about the instrument that you reference, you may wish to contact the Securities and Exchange Commission and/or the Financial Industry Regulatory Authority .
@FingerInaDyke96 @RobinhoodApp @TDAmeritrade @Fidelity None of the firms that you reference is in such a liquidation, and there is therefore no “course of action” for SIPC to take at the present time. As a general matter, SIPC cannot provide legal advice and cannot comment on any particular investment instrument.
@FingerInaDyke96 @RobinhoodApp @TDAmeritrade @Fidelity The protection is available only in the event that a SIPC-member securities broker-dealer holding such assets for customers has been placed in liquidation under SIPA.
@FingerInaDyke96 @RobinhoodApp @TDAmeritrade @Fidelity SIPC protection extends only to cash and instruments that qualify as “securities” within the meaning of the Securities Investor Protection Act (SIPA).
Madoff Trustee Requests Allocation of More Than $44 Million to Customer Fund and Court Approval to Distribute More Than $33 Million to BLMIS Customers With Allowed Claims
https://t.co/s3aB5bPL59
@DivyeshSrivast@FINRA@AlpacaHQ@INDmoneyApp If you have a complaint involving a SIPC member broker-dealer that has not failed financially, you should contact the Financial Industry Regulatory Authority, https://t.co/5fDm0lWmy9, or the Securities and Exchange Commission, https://t.co/48Vi9jkoQ2.
@DivyeshSrivast@FINRA@AlpacaHQ@INDmoneyApp SIPC becomes involved only when a SIPC member firm encounters financial difficulties and becomes the subject of a liquidation proceeding under the Securities Investor Protection Act.
@DivyeshSrivast@FINRA@AlpacaHQ@INDmoneyApp SIPC cannot assist you with this matter. SIPC has no regulatory or investigatory authority and does not become involved in complaints between stockbrokers and their customers.