What Does SIPC Stand For?
What Does SIPC Stand For? The Securities Investor Protection Corporation (SIPC) was created in 1970 as a non-profit, non-government, membership corporation, funded by member broker-dealers. SIPC provides limited coverage to investors on their brokerage accounts if their brokerage firm becomes insolvent. Which is better FDIC or SIPC? Remember that the SIPC, for example, will cover