So when brokerage firms liquidate and accounts dry up and/or are stolen, given the fiasco in financials, we're to believe SIPC and NASAA will have the resources to recover our accounts? I had read that SIPC, if proper protocols are adhered to in filing a claim, will recover up to $500,000 total assets per account - but only $100,000 in cash. Oh? Any of this sounding familiar? Transactions in securities and foreign exchanges aren't FDIC insured, but SIPC sounds more like a panderer of false hope like the FDIC. And when bullets hit bones moguls will get paid first. Anyone recall in their history books when 'ole Franklin "eat this new deal" Roosevelt allowed banks and brokerage firms to default on their obligations to pay speculators? Factor wiretransfers into your PNLs for anything over a 100K, and even then, I wouldn't count on a full recovery in the event of a meltdown.