I remember when Etrade ran into some trouble a few months ago there were questions about what happens if a broker goes under, what happens if your account is over the SIPC limit, etc.
Here's an interesting piece from Willkie Farr on the subject.
http://www.willkie.com/files/tbl_s2...y_Bankruptcy_Code_and_SIPA_Related_Issues.pdf
Here's an interesting piece from Willkie Farr on the subject.
http://www.willkie.com/files/tbl_s2...y_Bankruptcy_Code_and_SIPA_Related_Issues.pdf