Interesting fact that you may not know (courtesy of Fox News tv)
1. If its too good to be true it probably is (no, duh)
2. If you invested directly you were protected from losing all your money, but if you go thru some "feeder fund" or your pension fund or state/municipality - you are S.O.L. - SIPC (Securities Investor Protection Corporation) will not protect you.
This is because it does not cover fraud .... however, you only have until July 2, 2009 to file a claim to see if you are protected == hey, the least they will do is turn you down.
Go to the SIPC site to get more information.
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