facebookWhat will happen if a custodian broker declares bankrupt or closes down? - Seedly

Advertisement

Anonymous

12 Dec 2020

General Investing

What will happen if a custodian broker declares bankrupt or closes down?

Touch wood! Just to check, as I learn that custodian accouny is different from cdp account, but is regulated by MAS. So if the brokerage firm close down, what will happen to the stocks and money inside?

Discussion (1)

What are your thoughts?

Learn how to style your text

Write your thoughts

Advertisement