SIE Exam Practice Question 363
Question: 363
The Securities Investor Protection Corporation (SIPC) protects customers from
Correct Answer: D
Explanation:
D - SIPC coverage protects customers from financial loss in the event of the financial failure of a broker-dealer. It protects each separate customer for up to $500,000 total, but no more than $250,000 in cash. Importantly, SIPC does not protect against market losses.
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