Of course. And here's the how:
Douugh works with world class partners to make sure your money and investments are secure and available at all times. All assets are held in your name and registered to the account holder.
Securities are held in custody your name with our broker and kept in custody by Velox Clearing LLC & Citibank (the custodian) and USD cash balances are held in money market accounts at Dreyfus, a wholly owned subsidiary of the Bank of New York Mellon. All your holdings and cash are registered in your name in a segregated account and are insured for up to $US500,000 under SIPC insurance.
For those in the know, we use Custodians as shares in the US are held on a books and records basis. As opposed the CHESS/HIN system here in Australia, which means you do not get a HIN or similar number. So in this case, DriveWealth manages the books and records for your accounts with ETC and ICBC providing the security.