Securities Investor Protection Corporation
Securities Investor Protection CorporationIn the US, a non profit organisation which provides insurance for cash and securities in customer accounts held by approved brokerage firms. Brokers and dealers registered with the Securities and Exchange Commission are obliged to be members of SIPC. In the event that such a firm fails, investors are covered up to a maximum of $500,000 of which no more than $100,000 can be cash.
Clearing corporationsClearing corporations
Organizations that are affiliated with exchanges and are used to complete securities transactions by taking care of validation, delivery, and settlement.
Resolution Trust Corporation (RTC)Resolution Trust Corporation (RTC)
A government agency established in 1989 and disbanded in 1996 that administered federal savings and loan institutions that were insolvent between 1989 and August 1992 by either bailing them out or merging them.
Quasi public corporationQuasi public corporation
A corporation that is operated privately, but is supported by the government in its operations and that often traded publicly.
Possessions corporationPossessions corporation
A type of corporation permitted under the US tax code whose branch operation in a US possession can obtain tax benefits as though it were operating as a foreign subsidiary.
Federal Agricultural Mortgage Corporation (Farmer Mac)Federal Agricultural Mortgage Corporation (Farmer Mac)
A federal agency chartered in 1988 to provide a secondary market for farm mortgage loans.
Further SuggestionsSecurity Industry Automated Corporation (SIAC)
Federal Deposit Insurance Corporation (fdic)
Foreign Sales Corporation
Section 352 of the Income and Corporation Taxes Act 1988
Options Clearing Corporation (OCC)
Federal Home Loan Mortgage Corporation (FHLMC)
National Association of Investors Corporation
Financing Corporation (FICO)
Federal Deposit Insurance Corporation
National Securities Clearing Corporation
Private Export Funding Corporation (PEFCO)
Securities Industry Automation Corporation
Domestic International Sales Corporation
Commodity Credit Corporation
Edge Act corporation
Pension Benefit Guaranty Corporation (PBGC)
Federal Deposit Insurance Corporation (FDIC)
closely held corporation
Multinational corporation (MNC)
Resolution Funding Corporation (RefCorp)