Series 27: Exercise

Taken from our Series 27 Online Guide

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Exercise

Answer true or false

1. True or false. SIPC protects against all types of loss, but not all claims will be repaid.
2. True or false. Accounts owned by the same customer are always combined for SIPC coverage purposes.

Answers

1. False. SIPC does not protect against all losses. For example, if the stock market crashes, SIPC will not cover the funds in a customer’s account. The claims of officers o

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