QUESTION $31$

The Securities Investor Protection Corporation $($SIPC$)$ was established to:

oversee the liquidation of brokerage firms, and insure an investor's fcrounts to a maximum value of $$500,000$ in case of bankruptcy by t

protect investors from corporate insider trading, and insure their accounts for $$500,000$ in case corporate fraud caused a company to go

cover the total market loss on an investor's brokerage account in case of the bankruptcy of the broker.

create an insurance pool for brokerage firms, so that if one firm went bankrupt, all investor losses would be covered out of the insurance