Securities Investor Protection Corporation (SIPC) Law and Legal Definition
Securities Investor Protection Corporation (SIPC) maintains a special reserve fund mandated by Congress, to protect customers' cash and securities that may be on deposit with a SIPC member firm. It uses the fund in the event the firm fails and is liquidated under the provisions of the SIPC Act. SIPC is not a government agency. It is a non-profit membership corporation created, however, by an act of Congress.
Legal Definition list
- Securities Investor Protection Corporation (SIPC)
- Securities Investor Protection Act
- Securities Intermediary
- Securities Information Processor
- Securities Industry Automation Corporation (SIAC)
- Securities Laws
- Securities Lending
- Securities Lending Risk
- Securities Option
- Securities Self Regulatory Organization (Bankruptcy)
- Securities Transfer Association
Related Legal Terms
- Access Protection
- Accredited Investor
- Actively Traded Securities
- Actuarial Documents [Federal Crop Insurance Corporation]
- Actuarially Appropriate [Federal Crop Insurance Corporation]
- Adam Walsh Child Protection and Safety Act
- Adequate Protection [Bankruptcy]
- Adjustment Securities
- Affiliated Persons (Securities)
- Agency Sales Ticket (Securities)
