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Which of the following statements is TRUE regarding registered securities that are held in an account of an insolvent broker - dealer? A They're fully

Which of the following statements is TRUE regarding registered securities that are held in an account of an insolvent broker-dealer?
A They're fully covered by SIPC.
They're limited to total coverage of $500,000 under SIPC.
They're not covered by SIPC.
They're limited to a total coverage of $250,000 under SIPC.
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