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SECURITIES AND EXCHANGE COMMISSION 17 CFR Part 300 Release No. SIPA173; File No. SIPC201501 Securities Investor Protection Corporation AGENCY: Securities and Exchange Commission. ACTION: Proposed
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What is securities investor protection corporation?
The Securities Investor Protection Corporation (SIPC) is a nonprofit corporation that insures investors' cash and securities held by member brokerage firms in case the firm fails.
Who is required to file securities investor protection corporation?
Brokerage firms that are members of SIPC are required to file with the corporation.
How to fill out securities investor protection corporation?
Brokerage firms can fill out the SIPC form online through the SIPC website or by submitting a paper form via mail.
What is the purpose of securities investor protection corporation?
The purpose of SIPC is to protect investors against the loss of cash and securities held by member brokerage firms.
What information must be reported on securities investor protection corporation?
Brokerage firms must report the total amount of customer cash and securities held by the firm.
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