SIPC, which insures money in brokerage accounts, disputes Robinhood's claims that funds in newly launched checking and savings accounts is protected by the SIPC (Julie Verhage/Bloomberg)

Julie Verhage / Bloomberg:
SIPC, which insures money in brokerage accounts, disputes Robinhood's claims that funds in newly launched checking and savings accounts is protected by the SIPC  —  The Securities Investor Protection Corp. said a new checking account from Robinhood Financial LLC raises red flags …

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