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Hi All,
I was just going through some of the fine print on my broker's website (Ameritrade). I knew that they had 2 types of insurance for client accounts: SIPC up to $500K and supplemental insurance up to $25M. But I was surprised to discover that the SIPC limit for cash is only $100K and the supplemental insurance doesn't cover cash at all. From time to time, I do have more than $100K in cash so this worries me a little. Does anyone know of any brokers with insurance that covers cash to a larger extent? Thanks very much!
Steve
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