What is SIPC?
SIPC stand for the Securities Investor Protection Corporation.
If an SIPC member brokerage firm, such as Apex Clearing Corporation (Stash’s clearing partner and custodian), were to fail and owe its customers cash and securities, the SIPC receives a referral from the U.S. Securities and Exchange Commission (SEC) or the Financial Industry Regulatory Authority (FINRA).
Once the referral is granted and there are grounds to start a liquidation, the SIPC can ask a federal court to appoint a Trustee to liquidate the firm to protect customers (including you).
Related questions View all Security
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Q. What tax forms does Stash send?
Tax Forms Stash May Send You Below you’ll find some of the most common tax forms Stash issues each year. As always, you’ll want to talk to a tax professional about your specific tax needs and situation. Consolidated 1099 If…
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Q. What to do if I don’t see my cash back?
There are a few reasons you might not see your cash back: Your transaction was not made with a card linked in the Stash Cash Back program Your transaction ran as debit, rather than credit The offer was not valid…
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Q. Is there a minimum amount I need to earn to get my cash back earnings?
No, there is no minimum. Anything you earn through the Stash Cash Back program, will be paid out to your Invest Cash Balance monthly. Please note: Your Stash Invest account has a fee of $1 per month. Once your account…
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