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by hakfoo
2745 days ago
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I think the loss case they're protecting you for is more "I bought 100 shares of Acmecorp, then Robinhood shuttered their doors and said they sold the shares to fund their yacht." The SIPC's job there is to reimburse you for 100 shares of Acmecorp as of now; they're not going to let investors cherry-pick and say "but they mishandled the account during the one day it was at its peak and I want that price!" |
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