#23
|
|||
|
|||
Re: Etrade Potential Bankruptcy?
[ QUOTE ]
Are my stock holdings insured/protected or is it possible that I will lose these holdings if they go bankrupt? [/ QUOTE ] E*Trade claims that your holdings are insured by the SiPC up to $500,000 including $100,000 for cash claims. They also claim that they offer an additional $150,000 insurance per account through a London insurer. If they are telling the truth, then you are fine as long as your holdings don't exceed $650,000. However, if they go under, your assets may be frozen while they sort things out. |
|
|