N/A Shares Held by All Insider and 5% Owners N/A % of Shares Held by Institutional & Mutual Fund Owners
SIPC is liquidating the infamous penny-stock firm Stratton Oakmont _ a firm that racked up one of the worst bad-conduct records in brokerage history. Its bitter ex-customers say their claims are being rejected wholesale. …
It only applies if you hold shares of a mutual fund at an SIPC-member brokerage firm. For example: You buy 100 shares of Vanguard Total Stock Market Index Fund in a Vanguard mutual fund account. (SIPC coverage does …
The SIPC came out with a statement last night indicating that they will be involved in the Madoff situation. The SIPC maintains a special reserve fund authorized by Congress to help investors at failed brokerage firms. The …
Your stock broker fails, and you expect the Securities Investor Protection Corporation to be good for your losses up to $500,000. But five years after Allen Stanford's $7 billion fraud on his investors, SIPC has paid them …
Allen Stanford
Along with Nebraska's largest in-stock carpet inventory, the business also carries vinyl ... services are offered solely through Ameritas Investment …
Dairy Store
In a nutshell, when the domestic stock market surged to double digit …
Portfolio performance
The result is that the firm itself technically owns the stock and holds it on behalf of their clients. When this happens, the shares are said to be held in "street name". If and when a brokerage firm goes bankrupt, without …
Securities Investor Protection Corporation
It functions as the member regulation, enforcement, and arbitration operations of the New York Stock Exchange (NYSE), where it regulates both participating brokerage firms and exchange markets. Like the SIPC, it’s …
Investment
And since there is no clear definition of a Ponzi scheme, SIPC can call virtually any fraud it wants a Ponzi scheme. I provided a simple example of the terrible risk arising from SIPC brokerage “insurance” in a recent …
Huge