The way NDIC Insurance covers commercial banks to the tune of 5 million max and 2 million for Microfinance banks, is it possible or likely for FGN Bonds to be insured by NDIC if you have bonds worth 5 million or more??
Also are most brokers NDIC insured and have a maximum deposited amount covered? E.g Meristem, Chapel Hill Denham??
Yes they are covered and insured by regulatory bodies that's why they can do anyhow with people's money.
Yes they are covered and insured by regulatory bodies that’s why they can do anyhow with people’s money.
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