Frb
A savings account at a bank is guaranteed by:
The Federal Deposit Insurance Corporation (FDIC) insures bank deposits including savings accounts, checking accounts, CDs, and money market deposit accounts up to $250,000 per depositor, per bank. SIPC protects securitie
Complete Analysis & Legal Rationale
The Federal Deposit Insurance Corporation (FDIC) insures bank deposits including savings accounts, checking accounts, CDs, and money market deposit accounts up to $250,000 per depositor, per bank. SIPC protects securities at broker-dealers, not bank deposits.
Distractor Autopsy (Why Other Options Are Traps)
FINRA exam writers design incorrect distractors using specific calculation mistakes and regulatory misconceptions. Review why each option succeeds or fails:
Matches the verified teaching point in the explanation.
Does not match the governing concept in the explanation.
Does not match the governing concept in the explanation.
Does not match the governing concept in the explanation.
Official Standard: Outline-level citation pending rule-specific upgrade. Verify against current FINRA materials.