[–] bdkoepke 3y ago ↗ The cash sweep program at ibkr is FDIC insured up to $2.5M, plus $250k SIPC.ICS and CDARS cash sweep is FDIC insured across 2000 banks.Also consider direct buying treasuries with a segregated custodial account.
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[ 687 ms ] story [ 502 ms ] threadICS and CDARS cash sweep is FDIC insured across 2000 banks.
Also consider direct buying treasuries with a segregated custodial account.