Hosemann: Stanford Denial is weak

by

Published: October 12,2009

Tags: SIPC, Stanford Financial

At last week’s hearing, both officials and victims who testified repeatedly implored the state to fight for Securities Investor Protection Corporation (SIPC) funds for victims in the worst circumstances. SIPC, created by Congress in 1970, guarantees up to $500,000 per investor in case of an SIPC member firm’s failure. Investors are angry that victims of […]

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