IB and SIPC

[Marau]

Came across the suggestion that IB accounts which were opened through their affiliates in Canada and UK are not protected by SIPC.

 

I wonder if someone has accurate information about this. Thanks.

[LeSolist]

I can't tell for the UK but it is normal for the Canadian entity as it is subject to the Canadian laws and regulations, hence Canadians IB investors are covered by the CIPF fund.