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 Glossary   >   S   >   "Securities Investor Protection Corporation - SIPC" Definition   

        Securities Investor Protection Corporation - SIPC

A nonprofit corporation created by an act of Congress to protect the clients of brokerage firms that are forced into bankruptcy. Membership is composed of all brokers and dealers registered under the Securities Exchange Act of 1934, all members of securities exchanges, and most NASD members.

Securities Investor Protection Corporation - SIPC


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Securities Investor Protection Corporation - SIPC - A nonprofit corporation created by an act of Congress to protect the clients of brokerage firms that are forced into bankruptcy. Membership is composed of all brokers and dealers registered under the Securities Exchange Act of 1934, all members of securities exchanges, and most NASD members.


Securities Investor Protection Corporation - SIPC : a nonprofit corporation created by an act of congress to protect the clients of brokerage firms that are forced into bankruptcy. membership is composed of all brokers and dealers registered under the securities exchange act of 1934, all members of securities exchanges, and most nasd members.