Common use of Investment Protection Clause in Contracts

Investment Protection. The Third Party Broker is a member of the Securities Investor Protection Corporation (SIPC). All Instruments held in your Account with the Third Party Broker are eligible for protection by SIPC. If the Third Party Broker becomes insolvent, then your Instruments may be protected by SIPC coverage up to $500,000. However, SIPC does not protect you against losses caused by a decline in the market value of your Instruments.