covered broker or dealer

(7) Covered broker or dealer The term “covered broker or dealer” means a covered financial company that is a broker or dealer that— (A) is registered with the Commission under section 78o(b) of title 15; and (B) is a member of SIPC.

Source

12 USC § 5381(a)(7)


Scoping language

In this subchapter
Is this correct? or