Thanks so much for your helpful detailed thoughts Swan =)
IB = Interactive Brokers (clearing firm)? Are you suggesting that Interactive Brokers would just slide in and replace Penson, and all of...
Sorry, it looks like the system is delaying all my posts, so I was trying different things to see if the problem was on my end. - Posted at...
Is this how the process would look? If Penson goes under, all of the brokerages that use them would come to a halt. It might take months for...
Just to clarify: Penson is not FDIC insured, but they are SIPC insured, right? I found this on the SIPC website: "If sufficient funds are not...
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