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CapitalSource Inc. Message Board

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  • codehead321 codehead321 Apr 2, 2008 5:01 PM Flag

    Brokerage Question (OT)

    Myabe I am wrong, but this is the way I believe it works. A brokerage house going bankrupt does not affect your individual account unless you have it in some sort of account where it is "loaned" to the broker. The individual accounts of investors are not subject to the claims of the creditors of the brokerage account. In addition, the brokerages that I have been involved with typically have solid insurance companies that insure the accounts.

 
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