Explicit deposit insurance is a measure implemented in many countries to protect bank depositors, in full or in part, from losses caused by a bank`s inability to pay its debts when due. Deposit insurance systems are one component of a financial system safety net that promotes financial stability. ==Why it exists== Banks are allowed (and usually e....
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(from the article `bank`) Deposit insurance...established the Securities and Exchange Commission (1934) to regulate new stock issues and stock market trading practices. The Banking Act of 1933 ... [2 related articles]
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In the US, financial protection of certain bank and credit union accounts by way of insurance... <a target=_blank href='http://www.finance-glossary.com/terms/deposit-insurance.htm?id=401&ginPtrCode=00000&PopupMode=false' title='Read full definition of deposit insurance'>more</a>
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