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LSDefine

Simple English definitions for legal terms

SIPC

Read a random definition: degaster

A quick definition of SIPC:

Term: SIPC

Definition: SIPC stands for Securities Investor Protection Corporation. It is an organization that helps protect investors if their brokerage firm goes out of business. SIPC can help recover money and securities that were lost due to the broker's failure. Think of it like a safety net for investors.

A more thorough explanation:

SIPC

SIPC stands for Securities Investor Protection Corporation. It is a non-profit organization that helps protect investors if their brokerage firm fails.

Let's say you have invested money in a brokerage firm, but the firm goes bankrupt and cannot return your money. SIPC steps in to help you recover your assets, up to $500,000 per account, including up to $250,000 in cash.

Another example is if your broker steals your investments or commits fraud. SIPC can help you recover your assets in this situation as well.

SIPC is like an insurance policy for investors. It helps protect them from losing their investments if their brokerage firm fails or if their broker commits fraud. The examples show how SIPC can help investors recover their assets in these situations.

si paret | si petatur tantum

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21:09
*neurosis
neurosis leading to necrosis?
21:17
some of you are donning gay apparel year-round 😂😂😂
21:18
temple or villanova
21:19
my fam is from pennsylvania and says temple is an AWFUL neighborhood
21:20
@KnowledgeableRitzyWasp: i ama fien for necrotic tissue, I cannot lie
21:20
(mortician by trade)
21:21
same outcomes, temple has better trial advocacy. nova has the most partners in BL firms in philly than any other school. But both send 20% to BL if thats ur thing. Temple is located in arguably the roughest part of philly. the campus itself is a campus, but not more than a few blocks away are some neighborhoods u dont wanna walk around in.
21:21
nova more expensive
21:21
very very similar tho
21:21
anywhere in philly is too close to kensington for me fam
21:22
k&a is lower northeast, temple is north. not too far at all but not exactly the same place
21:22
u dont ever need to venture to k&a for any reason dont worry
21:23
nova is in a boujee suburb on the main line
21:23
not even in the city, with no traffic prob 30 mins from the city
21:24
to center city*
21:24
glovie have u seen that meme with the dreidel and it says fuck christmas i need top
21:24
no i fw that tho
guys i slept 12 hours last night. i’m going to sleep 12 more
lol cherie
21:27
i couldn’t find it online so i posted it myself
21:28
😴 🥱 💤 literally you
21:40
lmfaoo @both
Dkk
22:07
Old meme @cherie ancient
22:51
is the status checker on here still broken?
Dkk
23:24
@Skydog1969: probably
23:32
lol they are tested them for the first time in a while
CynicalOops
0:02
Who dropping ifunny memes in the chat rn this is crazy
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