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Articles Posted in Securities Investor Protection Act

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SIPC Modernization Task Force Recommends Increasing SIPA Protection Level for Failed Brokerage Firm’s Clients from $500K to $1.3M

The SIPC Modernization Task Force, which was created by the Securities Investor Protection Corporation, has made 15 recommendations to update SIPC and Securities Investor Protection Act provisions. Among the 15 recommendations: • Raising coverage protection for customers of failed brokerage firms from $500K to $1.3M. • Getting rid of the…

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