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Brokerage accounts represent the monies invested by you into specific assets like stocks or mutual funds. These funds are held on your behalf, by the Brokerage companies like e-Trade Securities, and Ameritrade etc.. Do holders of such accounts need to be fearful in case of bankruptcy protection or Chapter 11

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One Response to “What is the legal position of brokerage accounts in case of creditor protection ?”

1. dinky eagle on September 16th, 2009 7:04 pm

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   I think you’re asking whether or not you’re going to lose your brokerage assets if the brokerage house goes bankrupt?

   go to – your account is insured up to I believe $100,000 in cash by the federal government but your going to have to do your own research to verify.