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The Securities Investor Protection Corporation (SIPC) was created under the Securities Investor Protection Act as a non-profit membership corporation. SIPC oversees the liquidation of member broker-dealers that close when the broker-dealer is bankrupt or in financial trouble, and customer assets are missing. In a liquidation under the Securities Investor Protection Act, SIPC and the court-appointed Trustee work to return customers securities and cash as quickly as possible. Within limits, SIPC expedites the return of missing customer property by protecting each customer up to $500,000 for securities and cash (including a $250,000 limit for cash only)
Securities investor protection corporation (sipc) operates in the Financial services industry.
Securities investor protection corporation (sipc)'s revenue is 11m - 100m
Securities investor protection corporation (sipc) has 11 - 50 employees.
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