SIPC
SIPP INDUSTRIES INC NEW
stock OTC

your equities custodied by your equities brokerage are insured by the SIPC

This was removed for violating rule #11: “share account milestones on weekends only”.
Thanks for sharing your milestone. However, to more quickly assist our customers during business hours, we limit these types of posts to weekends only. Examples include maxing out contributions, hitting a certain dollar threshold, or opening a new account.
Milestones that are posted for the purpose of customer care are allowed anytime.
If you share your milestone on the weekend, please provide details like how long you’ve been saving, the types of investment strategy you used, your future plans for the funds, etc. Low effort posts will be removed.
*Fidelity Brokerage Services LLC, Member NYSE, SIPC*

Do you guys have any thoughts on the new IKBR bank deposit sweep programme I got emailed about today? (See below)I was wondering why this is an 'opt in' as opposed to automatically giving clients better cash protection. Made me wonder if there is anything detrimental about signing up?
The Insured Bank Deposit Sweep Program provides up to $5.0 million of Federal Deposit Insurance Corporation (FDIC) coverage on free cash balances in your individual account and $10.0 million of FDIC coverage on free cash balances in your joint account.
Combined with existing Securities Investor Protection Corporation (SIPC) coverage of the first $250,000 in your account, your available insurance for your brokerage and sweep accounts is up to $5.25 million for an individual account and $10.25 million for a joint account. Cash balances above the coverage limit remain subject to safeguarding under the SEC's Customer Protection Rule 15c3-3, backed by the firm’s equity capital, which is rapidly approaching $20 billion.

This has been removed for violating rule #5: **no spamming**.
Do not post the same message in a short time frame or comments that are unrelated to the discussion. We review every post and comment on this sub, so it may take a moment for us to reply. Duplicate posts will be removed.
*Fidelity Brokerage Services LLC, Member NYSE, SIPC*

You will get pennies for most holdings and loaned securities are not SIPC insured. You would probably be fine doing it, but what you get isn’t worth the microscopic chance something catastrophic happens.

This has been removed for violating rule #6: **no AI-written posts**.
Remember that this is a community that's focused on investing education and Fidelity customer care. It’s okay if you use a generative AI to clean up your thoughts, but a post shouldn’t be completely written by it.
You can contact the mods if you think this was removed in error.
*Fidelity Brokerage Services LLC, Member NYSE, SIPC*

This was removed for violating rule #1: **do not post personally identifiable information (PII)**.
To protect our customers, we prohibit the posting of any private or confidential information, whether it’s yours or another individual’s. This includes names, account numbers, Social Security numbers, email addresses, phone numbers, or any other information considered PII.
Reposting the contents of information shared via private messages (PMs), modmail, and private subreddit chat is also prohibited.
Please make sure any posts (especially screenshots) don’t include visible PII before posting.
*Fidelity Brokerage Services LLC, Member NYSE, SIPC*

This has been removed for violating rule #2: **limit discussion of securities and investments**.
Thanks for your post seeking investment advice or discussing specific securities. Please keep all conversations about portfolios and specific investments in our monthly discussion post.
Fellow Redditors may offer an opinion on investments. Fidelity doesn’t endorse any of the expressions, opinions, or content posted by non-Fidelity members or any third parties on  r/fidelityinvestments. Do not rely on comments to form the basis of an investment decision.
Always make sure to do your due diligence before investing. Remember to look for the “Community Care Representative” flair to make sure it’s us.
*Fidelity Brokerage Services LLC, Member NYSE, SIPC*

This has been removed for violating rule #2: **limit discussion of securities and investments**.
Thanks for your post seeking investment advice or discussing specific securities. Please keep all conversations about portfolios and specific investments in our monthly discussion post.
Fellow Redditors may offer an opinion on investments. Fidelity doesn’t endorse any of the expressions, opinions, or content posted by non-Fidelity members or any third parties on  r/fidelityinvestments. Do not rely on comments to form the basis of an investment decision.
Always make sure to do your due diligence before investing. Remember to look for the “Community Care Representative” flair to make sure it’s us.
*Fidelity Brokerage Services LLC, Member NYSE, SIPC*

This has been removed for violating rule #2: **limit discussion of securities and investments**.
Thanks for your post seeking investment advice or discussing specific securities. Please keep all conversations about portfolios and specific investments in our monthly discussion post.
Fellow Redditors may offer an opinion on investments. Fidelity doesn’t endorse any of the expressions, opinions, or content posted by non-Fidelity members or any third parties on  r/fidelityinvestments. Do not rely on comments to form the basis of an investment decision.
Always make sure to do your due diligence before investing. Remember to look for the “Community Care Representative” flair to make sure it’s us.
*Fidelity Brokerage Services LLC, Member NYSE, SIPC*

Robinhood sells its payment for order flow to market makers like Citadel, and they often take a wider spread on trades. Personally, I don't think Robinhood has been around long enough to earn my trust, especially given their reputation for promoting speculative trading. Now that they're even getting into event betting and prediction markets, it further solidifies my hesitation. I would hate to see people transfer large IRA assets there only for Robinhood to go belly up. Even with SIPC insurance and SEC custody rules keeping assets segregated, a failure would likely freeze client accounts for days or weeks during a forced buyout or transfer to another broker—a massive headache for a seven-figure retirement nest egg.
While Robinhood has achieved profitability recently, a huge portion of their identity is still tied to transaction volumes and retail trading spikes. In contrast, legacy brokerage firms like Vanguard, Fidelity, and Schwab have highly diversified business models—earning predictable revenue from asset management fees, workplace 401(k) administration, and retail banking services. Their revenue mix is far more stable and balanced compared to Robinhood's.

your equities custodied by your equities brokerage are insured by the SIPC

This was removed for violating rule #11: “share account milestones on weekends only”.
Thanks for sharing your milestone. However, to more quickly assist our customers during business hours, we limit these types of posts to weekends only. Examples include maxing out contributions, hitting a certain dollar threshold, or opening a new account.
Milestones that are posted for the purpose of customer care are allowed anytime.
If you share your milestone on the weekend, please provide details like how long you’ve been saving, the types of investment strategy you used, your future plans for the funds, etc. Low effort posts will be removed.
*Fidelity Brokerage Services LLC, Member NYSE, SIPC*

Do you guys have any thoughts on the new IKBR bank deposit sweep programme I got emailed about today? (See below)I was wondering why this is an 'opt in' as opposed to automatically giving clients better cash protection. Made me wonder if there is anything detrimental about signing up?
The Insured Bank Deposit Sweep Program provides up to $5.0 million of Federal Deposit Insurance Corporation (FDIC) coverage on free cash balances in your individual account and $10.0 million of FDIC coverage on free cash balances in your joint account.
Combined with existing Securities Investor Protection Corporation (SIPC) coverage of the first $250,000 in your account, your available insurance for your brokerage and sweep accounts is up to $5.25 million for an individual account and $10.25 million for a joint account. Cash balances above the coverage limit remain subject to safeguarding under the SEC's Customer Protection Rule 15c3-3, backed by the firm’s equity capital, which is rapidly approaching $20 billion.

This has been removed for violating rule #5: **no spamming**.
Do not post the same message in a short time frame or comments that are unrelated to the discussion. We review every post and comment on this sub, so it may take a moment for us to reply. Duplicate posts will be removed.
*Fidelity Brokerage Services LLC, Member NYSE, SIPC*

You will get pennies for most holdings and loaned securities are not SIPC insured. You would probably be fine doing it, but what you get isn’t worth the microscopic chance something catastrophic happens.

This has been removed for violating rule #6: **no AI-written posts**.
Remember that this is a community that's focused on investing education and Fidelity customer care. It’s okay if you use a generative AI to clean up your thoughts, but a post shouldn’t be completely written by it.
You can contact the mods if you think this was removed in error.
*Fidelity Brokerage Services LLC, Member NYSE, SIPC*

This was removed for violating rule #1: **do not post personally identifiable information (PII)**.
To protect our customers, we prohibit the posting of any private or confidential information, whether it’s yours or another individual’s. This includes names, account numbers, Social Security numbers, email addresses, phone numbers, or any other information considered PII.
Reposting the contents of information shared via private messages (PMs), modmail, and private subreddit chat is also prohibited.
Please make sure any posts (especially screenshots) don’t include visible PII before posting.
*Fidelity Brokerage Services LLC, Member NYSE, SIPC*

This has been removed for violating rule #2: **limit discussion of securities and investments**.
Thanks for your post seeking investment advice or discussing specific securities. Please keep all conversations about portfolios and specific investments in our monthly discussion post.
Fellow Redditors may offer an opinion on investments. Fidelity doesn’t endorse any of the expressions, opinions, or content posted by non-Fidelity members or any third parties on  r/fidelityinvestments. Do not rely on comments to form the basis of an investment decision.
Always make sure to do your due diligence before investing. Remember to look for the “Community Care Representative” flair to make sure it’s us.
*Fidelity Brokerage Services LLC, Member NYSE, SIPC*

This has been removed for violating rule #2: **limit discussion of securities and investments**.
Thanks for your post seeking investment advice or discussing specific securities. Please keep all conversations about portfolios and specific investments in our monthly discussion post.
Fellow Redditors may offer an opinion on investments. Fidelity doesn’t endorse any of the expressions, opinions, or content posted by non-Fidelity members or any third parties on  r/fidelityinvestments. Do not rely on comments to form the basis of an investment decision.
Always make sure to do your due diligence before investing. Remember to look for the “Community Care Representative” flair to make sure it’s us.
*Fidelity Brokerage Services LLC, Member NYSE, SIPC*