Fidelity Investments, the nation's largest mutual fund company, has raised the protection of its brokerage account assets to $100 million from $50 million.

Currently, basic account coverage in the brokerage industry is $500,000. This amount is provided by the Securities Investor Protection Corp., an agency that insures investors against loss in the event of financial failure of a broker or dealer.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.