NASAA, SIPC Offer Answers to Investors Concerned About the Safety of Their Brokerage Accounts
WASHINGTON, D.C. – March 25, 2008 – In the wake of recent turbulence in the financial markets, the North American Securities Administrators Association (NASAA) today joined with the Securities Investor Protection Corporation (SIPC), which maintains a special reserve fund authorized by Congress to help investors at failed brokerage firms, to remind investors of the important and effective safeguards already in place to protect their brokerage account assets…
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