Not all kinds of securities are eligible for SIPC reimbursement. Securities that the SIPC is not going to reimburse for embody commodities, futures, currency,fastened, and indexedannuity contracts, and limited partnerships , that are covered individually by insurance carriers. In addition, any security that’s not registered with the SEC will not be eligible for reimbursement. Bank customers have loved the peace of thoughts of knowing their savings deposits are protected by theFederal Deposit Insurance Corporation for as much as $250,000 per account. That modified in 1970 when Congress created an company known as the Securities Investor Protection Corporation. The West Texas Intermediate benchmark for US crude is the world’s most actively traded commodity.
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