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But exactly which losses are insured? Not as many as you think, especially if you've been trapped by a firm that uses fraudulent tactics to sell penny stocks. SIPC is liquidating the infamous penny-stock firm Stratton Oakmont, which racked up one of the ...
Chicago Tribune · 2/1/1998
Madoff victims and their attorney will gather on the steps of Federal Hall in Lower Manhattan, opposite the New York Stock Exchange, to announce the legal action and call for Congressional reform of the quasi-governmental SIPC agency. The class action ...
Wall Street Pit · ByLarry Doyle · 2/24/2010
Cardiff International apparently develops proprietary software systems to manage consumer purchases. According to various disclosures, no transactions have occurred for the mentions of Cardiff International in various investment newsletters. On Friday ...
Smallcap Network · 2/4/2013
More from Bing News
On paper, SIPC's covenant appears straightforward. You're covered if your brokerage house fails and your cash or securities can't be found. Maybe your broker misappropriated your assets. Maybe its records don't mention all the stocks you own. Either way ...
Baltimore Sun · 8/30/1999
SIPC helps investors recover money, stocks, or other securities that are lost or stolen by a broker if the broker fails or otherwise goes out of business. SIPC's website says, "In a liquidation under the Securities Investor Protection Act, SIPC and a court ...
The Brazil Times · 6/11/2015
The statute that created SIPC provides that customers of a failed brokerage firm receive all non-negotiable securities - such as stocks or bonds ... www.prnewswire.com/news-releases/sipc-praises-madoff-trustee-on-recovery-agreement-of-35-million-with ...
The Street · 6/1/2015
But exactly which losses are insured? Not as many as you think, especially if you've been trapped by a firm that uses fraudulent tactics to sell penny stocks. SIPC is liquidating the infamous penny-stock firm Stratton Oakmont _ a firm that racked up one of ...
SunSentinel · 2/3/1998
The statute that created SIPC provides that customers of a failed brokerage firm receive all non-negotiable securities - such as stocks or bonds -- that are already registered in their names or in the process of being registered. At the same time ...
investorideas.com · 11/13/2014
Illustrating SIPC’s and Perforce, Your Broker’s Insurance Scam Say you saved up $200,000 and invested it 40 years ago with your Kansas broker, whose brokerage company operates out of NY. Had the investment yielded the stock market’s historic 10 ...
Boston University · 7/16/2014
ATLANTA, April 18, 2008 (PRIME NEWSWIRE) -- OTC Stock Review announces that it has initiated coverage of SIPP Industries, Inc. (Pink Sheets: SIPC). SIPP Industries, Inc. is a new and exciting adult beverage company on the cutting-edge of a new …
GlobeNewswire · 4/18/2008