In light of the current economic crisis, it's important to educate yourself on the stability of your investments and where they will relocate if your brokerage firm closed its doors for good.
In virtually all cases, when a brokerage firm ceases to operate, customer assets are safe and typically are transferred to another registered brokerage firm. Multiple layers of protection safeguard investor assets. Registered brokerage firms must keep their customers' securities and cash segregated from their own so that, even if a firm fails, its customers' assets will be safe.
Read the full article - "If a Brokerage Firm Closes Its Doors".
Visit www.FeedthePig.org for more money-saving tips.
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