Let’s say I have a margin account and own 100 shares of GME. My broker then lends out those shares of GME to a hedge fund. What would have to happen for me to never get my shares back?
I assume if the hedge fund goes bankrupt, it’s clearing firm would be on the hook? If the clearing firm also goes bankrupt (which has happened before), then what?
They are regulated related by their local authorities US,EU etc... Each country has their own retail protection law, as far as I remember the amount changes from 100k$ up to 800k$. So if I am correct it is not based on transaction but the value of your account.
