is your investment safe-legal experts please!, page-22

Re above comments:

"If push comes to shove and your cash is in a cash account in say etrade /comsec or westpac will these be gauranteed by the bank?"

"This is a grey area.The NAB version sounds the same as the Comsec account cash management which is an account under comsec (a subsidiary not gauranteed by CBA in their own words).I suppose the question on NAB and other share trading platforms is under which umbrella is the cash account held."

"The CBA’s CDIA account is ostensibly held by CBA, so no sure if that means these funds are guaranteed, but of course the funds need to get from comsec to this account first."

"CDIA is a CBA account and has nothing to do with Commsec, unless you happen to link it for funds transfers purposes."

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Taking a quick look, see the fine print at bottom of page re Comsec accounts:
https://www.comsec.com.au/public/OnlineOrigination/App_PDF/ComparisonTableCDIA.pdf

Looks to me different to NAB/NOLT arrangement where (as I understand it) you can use a cash account which is part of NAB???