[FoRK] What happens if ETrade goes bankrupt The news today is that there is a slight change that ETrade may
declare bankruptcy. As someone who has exclusively kept my funds in
ETrade, I was worried a bit today. Although, there is SIPC insurance,
I was wondering how good such a protection is.

Does anyone know what happens if ETrade were to declare bankruptcy to
the customer funds. Will the accounts be frozen from withdrawals?. In
the worst case that ETrade runs out of funds, how long does SIPC take
to pay back the money to account holders?.


