Question

The Securities Investor Protection Corporation (SIPC) insures customer accounts at member brokers against brokerage failure as follows:
a. securities totaling $250,000, cash totaling $100,000
b. securities totaling $250,000, cash totaling $250,000
c. securities totaling $500,000, cash totaling $100,000
d. securities totaling $500,000, cash totaling $250,000

Answer

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