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Скачать или смотреть Robinhood Bankruptcy? Should You Delete Your Account Or Does SIPC Insurance Protect You?

  • Financially Aware
  • 2021-01-30
  • 1572
Robinhood Bankruptcy? Should You Delete Your Account Or Does SIPC Insurance Protect You?
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Описание к видео Robinhood Bankruptcy? Should You Delete Your Account Or Does SIPC Insurance Protect You?

Robinhood bankruptcy rumors are floating around because of their restrictions on over 50 stocks including Gamestop (GME) and others. Is Robinhood safe or is Robinhood going out of business? Should you wait around to see if Robinhood bankruptcy rumors are true or should you delete your account or do an account transfer (ACAT) to another brokerage? If there is a Robinhood bankruptcy will your account and stocks be covered by SIPC insurance? I show how to delete or transfer your account using ACAT. I also explain what SIPC insurance is, what it covers and what it doesn't. Is the SIPC insurance fund big enough to cover a possible Robinhood bankruptcy?
Robinhood had to tap a $500 Million dollar loan from their banks and a $1 Billion dollar investment and it seems they are still having liquidity problems because of the extra margin they need to put up with the clearinghouse DTCC (The Depository Trust & Clearing Corporation).
Be @financially aware, and understand how well your account is protected by SIPC insurance.

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