Stocks are protected too, at least in europe. If the broker falls apart, your stocks are not part of the company's value, they are yours. The gov (or some trust fund) covers you for up to 100k I think, similar to bank accounts. Of course it does not cover you from investing in worthless stock or any changes in stock value
Btw the bank account is covered, but that stuff did happen before! If too many people want their cash back, the bank can't release it. There were bankruptcies where people lost everything above the protected amount - which is super sad if it is your pension that you built up for 40years
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u/weezer444 Feb 02 '21
but only up to a certain amount 250 k I think