SIPC insurance covers the loss of cash and most investments at a member brokerage firm up to set limits. This includes cash held for investment, money markets, stocks, bonds, ETFs (Exchange-Traded Funds), mutual funds, notes, and other registered securities.  

Bank accounts, such as savings, checking, and CDs, are protected separately through FDIC (Federal Deposit Insurance Corporation) insurance.  

Not every loss is covered by SIPC insurance—namely market fluctuation and identity theft—which we discuss in the article above.