Money Rehab with Nicole Lapin
Money Rehab with Nicole Lapin
Money News Network
WTF is SIPC? The Closest Thing You'll Get To Investing Insurance
9 minutes Posted Jan 31, 2024 at 8:00 am.
0:00
9:51
Download MP3
Show notes

You’ve probably heard some brokerages say they're "member SIPC." Have you ever wondered what it means to be member SIPC? It's definitely not a cool Soho House-esque club that you’re missing out on. But, it is a club that you definitely want your brokerage to be in. Nicole explains with SIPC insurance is, how it's different from FDIC insurance, and why you want to make sure your brokerage has it.