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LSDefine

Simple English definitions for legal terms

SIPC

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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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There aren't many people in my stat range so I pretty much know every result in my range after being on here for a few years
9:28
congrats on the 172 bruce
go dawgs fr
9:29
roll tide
do we foresee a fordham election day wave today (i'm delusional)
WorthlessAttractiveZombie
9:31
I think so, Jack
9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
soapy
9:43
USC still has not looked at my app
WorthlessAttractiveZombie
9:43
when did you submit soapy?
soapy
9:44
10/16
WorthlessAttractiveZombie
9:44
to be fair it took them almost 2 months for me to go under review
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