no_free_lunch Posted April 4, 2018 Share Posted April 4, 2018 I currently use one of the larger Canadian discount online brokers for my trading. I am just wondering if people think that there is a need to diversify across brokers? Is it possible that due to some type of fraud whether at the company at large or by disenfranchised employee I could find I don't actually own what I think I own? Are they audited or is there some type of government oversight that reduces this risk? I know that any cash sitting around is covered by the government up to a limit but I am not sure about the securities. I do so much work against the various stocks I invest in but put almost no thought into the company actually holding my investments. Link to comment Share on other sites More sharing options...
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