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Mac comments on Open thread, Nov. 23 - Nov. 29, 2015 - Less Wrong
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You may want to check if the brokerage firm/custodian is a member of SIPC, which provides a level of insurance against misappropriation. I think all the big names are members (Vanguard, Schwab, TD Ameritrade, Fidelity, etc.)
http://www.sipc.org/for-investors/what-sipc-protects