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A comment on SIPC insures money “intended to buy securities”. How is intent determined?.

Re:SIPC insures money “intended to buy securities”. How is i... by masterjack on Friday December 21, 2018 @12:47PM (#18734980)
Regardless of intent, SIPC has around $3 Billion saved up to protect all brokerage accounts in the US. They literally cannot afford to insure Robinhood if they wanted.
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