A) A brokerage isn’t a bank B) It wouldn’t matter anyway you still own the share... | Hacker News

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		berkle4455 on March 15, 2023 \| parent \| context \| favorite \| on: Credit Suisse sheds nearly 25%, key backer says no... A) A brokerage isn’t a bank B) It wouldn’t matter anyway you still own the shares of stocks or the bonds. They don’t magically disappear if the entity fails. C) Additionally there’s SIPC

gadders on March 15, 2023 [–]

>>B) It wouldn’t matter anyway you still own the shares of stocks or the bonds. They don’t magically disappear if the entity fails.

They don't disappear, but how can you get them in a hurry if your custodian fails?

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