Series 26: Securities Investor Protection Act Of 1970 (SIPA)

Taken from our Series 26 - Investment Company Products/Variable Contract Limited Principal Exam

Definition of the term Securities Investor Protection Act Of 1970 (SIPA)...

passed by Congress to restore confidence in the securities industry. The act created the Securities Investor Protection Corporation (SIPC) in an attempt to protect investors by providing insurance for the assets contained in their securities accounts.

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