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Posts Tagged ‘SIPC sham’

HR 757: “We the People” for Real Investor Protection

Posted by Larry Doyle on July 31st, 2012 10:06 AM |

In the same spirit as that which inspired those who signed our Declaration of Independence, I welcome attaching my name to the following proclamation in support of HR 757 for real investor protection. What makes the proclamation highlighted below so special? It is truly a grass roots effort. As noted attorney Helen Davis Chaitmain asserted:

People are contributing money for these ads in order to educate the electorate that our representatives (and the SEC) have forgotten that they represent the people.  They have allowed Wall Street (“SIPC”) to renege on its statutory obligation to insure each brokerage account up to $500,000.  Why would any honest hard-working American vote for someone who doesn’t support this bill?”

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