SIPC, which insures money in brokerage accounts, disputes Robinhood's claims that funds in newly launched checking and savings accounts is protected by the SIPC (Julie Verhage/Bloomberg)

SIPC, which insures money in brokerage accounts, disputes Robinhood's claims that funds in newly launched checking and savings accounts is protected by the SIPC (Julie Verhage/Bloomberg)


Julie Verhage / Bloomberg:

SIPC, which insures money in brokerage accounts, disputes Robinhood’s claims that funds in newly launched checking and savings accounts is protected by the SIPC  —  The Securities Investor Protection Corp. said a new checking account from Robinhood Financial LLC raises red flags …

SIPC, which insures money in brokerage accounts, disputes Robinhood's claims that funds in newly launched checking and savings accounts is protected by the SIPC (Julie Verhage/Bloomberg)
Source: Tech Meme