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Author: SisypheanFool Big red star, 1000 posts Old School Fool Motley Fool One Everlasting Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75340  
Subject: Vanguard and SIPC Date: 12/30/2004 11:19 PM
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I just recently learned that fund accounts at VG are not insured by SIPC, yet their brokerage accounts for holding any outside funds (or equities) are.

Now it's not like they're going to have some execs embezzle a bunch of money, fold and I'm gonna be out my investments there tomorrow, but it just rubs me wrong to think that this could happen.

Maybe I'm too paranoid having watched the unexpected happen with say, Lincoln Savings. Yet this really gives me pause in how much I want to hold at VG.

Is this the same practice at Fidelity, et al?
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