The Securities Investor Protection Corporation insures individual investors against
A) the loss of up to $500,000 in securities or $100,000 in cash held by a broker.
B) market losses of $500,000 total or $100,000 per transaction.
C) losses of up to $100,000 incurred due to innocent online trading errors.
D) losses incurred up to $500,000 due to churning by a broker.
Answer: A
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