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What is the Securities Investor Protection Corporation (SIPC)? The Securities Investor Protection Corporation was created by the U.S. Congress in 1970. The primary purpose of the SIPC is to help individuals who have lost money, stocks and other securities stolen by brokers or when their investments are at risk because a brokerage firm fails. Protection [...]

Two brokers working at Credit Suisse Securities have been accused of committing securities fraud. They have allegedly been selling securities for a company that does not exist. The two brokers have been accused of selling their clients securities that they claimed were issued by a company called Glacier Education Loan, which bought student loans that [...]