| 词条 | Securities Investor Protection Act |
| 释义 | The Securities Investor Protection Act of 1970, Public Law No. 91-598, 84 Stat. 1636 (Dec. 30, 1970), codified at {{usc|15|78aaa}} through {{usc|15|78lll}}, established the Securities Investor Protection Corporation (SIPC). Most brokers and dealers registered under the Securities Exchange Act of 1934 are required to be members of the SIPC. The SIPC maintains a fund that is intended to protect investors against the misappropriation of their funds and of most types of securities in the event of the failure of their broker. {{US-fed-statute-stub}} 2 : 1970 in law|United States federal securities legislation |
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