SIE Exam Practice Question 89
Question: 89
What is the limit of FDIC protection per depositor, per insured bank, for each account ownership category?
Correct Answer: B
Explanation:
The FDIC covers up to $250,000 per depositor per insured bank for each account ownership category. The SIPC protects customers of brokerage firms up to a total of $500,000 across all accounts but not per account.
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