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To: TexasGator

That provides us SPIC coverage of $2.5 million.


SIPC is grossly underfunded, ( .0019),a private non government corporation, and couldn’t handle just one large brokerage firm’s liabilities, and has failed to cover brokerage failures in the past,....good luck....how’s your Bitcoin doing?


57 posted on 02/17/2026 12:37:17 PM PST by delta7
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To: delta7

“SIPC is grossly underfunded, “

SIPC only comes into play like in cases of fraud.

In an honest broker goes under, the account is transferred in whole to another broker.

But that reminds me of a crook that set up shop and misled his investors and spent eleven years in jail. He was not part of SIPC.


58 posted on 02/17/2026 12:51:54 PM PST by TexasGator (1.1~I11:/)
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To: delta7

“how’s your Bitcoin doing?”

Better than your silver.


59 posted on 02/17/2026 12:53:05 PM PST by TexasGator (1.1~I11:/)
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To: delta7

“and couldn’t handle just one large brokerage firm’s liabilities,”

SIPC does not cover the firm’s liabilities. It insures accounts.


62 posted on 02/17/2026 4:36:00 PM PST by TexasGator (11.1~I11:/)
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