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Are securities held at banks being supported by the United States government TARP program safer than securities held at other broker-dealers?

April 26, 2017Banks government held program Safer securities supported tarp united states

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Are securities held at banks being supported by the United States government TARP program safer than securities held at other broker-dealers?

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Cash deposits at banks (not securities) are protected by FDIC insurance. Additional information on this can be obtained at www.fdic.gov. Securities held by banks are not protected by FDIC, nor are they protected by SIPC.