What Happens If My Stock Broker Goes Bankrupt? - Is My Money Safe?
What happens to our money if our stock brokerage goes bankrupt? Bank failures have shaken confidence in the financial system. So if Vanguard, Fidelity, Charles Schwab or even M1 Finance and Robinhood were to collapse. What would happen? In this video we'll discuss what SIPC insurance is, what SIPC covers, and what other protections investors have against a brokerage firm collapse.
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