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Message: <blockquote data-quote="Bfishn" data-source="post: 307170" data-attributes="member: 2006">Does the SIPC cover the hacking of a users info outside of Robinhood that's then used to steal money? I'm not sure that it does, but I could certainly be wrong. [h=5]<a href="https://www.sipc.org/for-investors/investor-faqs#does-sipc-protect-me-if-my-account-is-hacked-and-cash-andor-securities-are-stolen" target="_blank">Does SIPC protect me if my account is hacked and cash and/or securities are stolen?</a>[/h][FONT=&quot]SIPC’s role and responsibilities are as defined under the <a href="https://www.sipc.org/about-sipc/statute-and-rules/statute" target="_blank">Securities Investor Protection Act (SIPA)</a>. Under that law, SIPC protection is available only to customers of a member broker-dealer that is in liquidation under SIPA or is the subject of a direct payment procedure. If you discover that your account has been hacked and your securities or cash have been stolen, you should contact your brokerage firm, the Securities and Exchange Commission (<a href="http://www.sec.gov" target="_blank">www.sec.gov</a>), the Financial Industry Regulatory Authority (<a href="http://www.finra.org" target="_blank">www.finra.org</a>), your state securities regulator, or other appropriate law enforcement authorities. Whether you would be protected if your account was hacked would depend upon the circumstances under which your account was gained access to, and other factors being present that justify the liquidation of the brokerage firm.[/FONT]</blockquote>

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