There was a thread a while ago that suggested that non-US customers might not be protected by SIPC. Does anyone have further information on this?
I am a Canadian Citizen and IB Canada accounts are protected in the same way that other accounts at accredited Investment Dealers would be protected. If IB goes bankrupt I am protected but only up to 100K. http://www.cipf.ca/c_home.htm However, it has become clear to me that it's not a simple matter. I think there exist situations in which I could lose money through no fault of my own but CIPF would not cover me. It depends on what events precipitate the losses