Investor Protection Fund
Regulation & taxAlso called: IPF
An exchange-maintained fund compensating claims against a defaulting member, up to a limit.
In plain terms
A backstop, not a guarantee of full recovery.
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 1 term
An exchange-maintained fund compensating claims against a defaulting member, up to a limit.
A backstop, not a guarantee of full recovery.