What is SIPC (Securities Investor Protection Corporation)? | SIE, SERIES6, SERIES7 Exam Prep

SIPC is a nonprofit corporation that protects customers of failed broker-dealers by restoring securities and cash up to $500,000 per customer, including $250,000 for cash claims. 📚 Learn more about SIPC (Securities Investor Protection Corporation) and other key terms for your SIE, SERIES6, SERIES7 exam at Open Exam Prep. 🎯 This term appears on: SIE, SERIES6, SERIES7 🔗 Full glossary: https://www.open-exam-prep.com/glossary 🔗 SIPC (Securities Investor Protection Corporation) definition: https://www.open-exam-prep.com/glossary/sipc 💡 Exam Tip: SIPC = $500K total, $250K cash. Protects against FIRM FAILURE, NOT investment losses. --- #general #examprep #financeexam #sie #series6 #series7