Plenty is registered with the SEC as an investment advisor and follow all applicable rules and regulations set by the SEC and other relevant regulatory organizations. All funds invested through Plenty are eligible for SIPC insurance and are held by an independent qualified custodian, BNY Mellon | Pershing, which is also a regulated entity.
Money you have invested in brokerage accounts is covered against theft or fraud by the Securities Investor Protection Corporation (SIPC) for up to $500,000 per account. Please note, this coverage does not extend to any losses due to market fluctuations.