prior to choosing a brokerage firm to help buy and sell investments, the investor should find out if the…

prior to choosing a brokerage firm to help buy and sell investments, the investor should find out if the firm is a member of the\nsecurities and exchange commission (sec).\ninternal revenue service (irs).\nfederal deposit insurance corporation (fdic).\nsecurities investor protection corporation (sipc).

prior to choosing a brokerage firm to help buy and sell investments, the investor should find out if the firm is a member of the\nsecurities and exchange commission (sec).\ninternal revenue service (irs).\nfederal deposit insurance corporation (fdic).\nsecurities investor protection corporation (sipc).

Answer

Answer:

D. Securities Investor Protection Corporation (SIPC)

Brief Explanations:

The SIPC protects investors against the loss of cash and securities held by a failed brokerage - firm. The SEC is a regulatory agency, the IRS deals with taxes, and the FDIC insures bank deposits.