@gigaqian: The SIPC helps protect clients from broker failures; but there’s is real ambiguity as to what would happen to ownership during a dramatic systemic event. Have you heard the theories surrounding the City of London? I haven’t seen any definitive proof to the direct ties some claim to exist; but the existence of a city within a city with ancient esoteric customs certainly warrants discussion. I’ve been there a few times and can confirm it’s a seriously interesting place! #followthemoney #banking #stockmarket #finance #gigaqian