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All the following are true with regard to Securities Investor Protection Corporation (SIPC) protection EXCEPT: OA) The SIPC covers brokerage accounts in a way that
All the following are true with regard to Securities Investor Protection Corporation (SIPC) protection EXCEPT: OA) The SIPC covers brokerage accounts in a way that is similar to how the FDIC covers bank accounts. B B) SIPC coverage is $500,000 per account, but only $250,000 of that total may be cash. C) It helps protect investors from the risk of brokerage firm insolvency. D) It protects investors from investment losses up to a lifetime total of $500,000
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