Posted by jdaswani on 31st of Oct 2011 at 11:06 am
I recall the days of LEH & BSC. If you were a BSC client
which my firm was it was biz as usual after about a week thru JPM.
If you were a LEH client your assets were tied up for years. In
some instances the BK courts still havent doled out client assets
in PB. But as a retail investor you are protected by SIPC upto $1m
i believe.
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Anyone wondering what's gonna happen
Posted by cruiser on 31st of Oct 2011 at 11:02 am
Anyone wondering what's gonna happen to MF Global clients?
I recall the days of
Posted by jdaswani on 31st of Oct 2011 at 11:06 am
I recall the days of LEH & BSC. If you were a BSC client which my firm was it was biz as usual after about a week thru JPM. If you were a LEH client your assets were tied up for years. In some instances the BK courts still havent doled out client assets in PB. But as a retail investor you are protected by SIPC upto $1m i believe.