Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• SECURITIES INVESTOR PROTECTION CORPORATION (SIPC)
  
  The SIPC is a nonprofit corporation created by Congress to insure investors against losses caused by the failure of a brokerage firm. Through the SIPC, assets in your brokerage account are insured up to $500,000 (including up to $100,000 in cash)-but only against losses from the brokerage going bankrupt, not against market losses caused by your trading decisions. All brokers and dealers registered with the Securities and Exchange Commission (SEC) are required to be SIPC members.
  
  Back