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News
SIPC Is the Closest Thing You
When you put your money in a bank account, you have the reassurance that your deposits are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000 per depositor, per insured bank. This protects your savings in case the bank fails. But w
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SIPC insurance: What it covers and how it protects investors
SIPC insurance serves to protect investors from failed brokerages. Here's how it works.
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SIPC vs. FDIC: Understanding Key Differences
Whether you're saving money in a bank account or investing it in the market, you want some reassurance that it's safe. The Federal Deposit Insurance Corporation (FDIC) and the Securities Investor Protection Corporation (SIPC) ensure banks and other financ
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Robinhood lacked proper insurance so will change checking & savings feature
Robinhood will rename and revamp its upcoming checking and banking features after encountering problems with its insurance. The company published a blog
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Robinhood didn't give key industry watchdog a heads-up about the launch of its free checking account
SIPC President and CEO Stephen Harbeck tells CNBC he has serious concerns about the plan, and contacted the Securities and Exchange Commission's trading and markets division about it.
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