SIPC and Other Insurance Coverage. I understand that Axos Clearing is a member of the Securities Investor Protection Corporation (SIPC), which provides protection for accounts up to $500,000 (including $250,000 for claims of cash) per client as defined by SIPC rules. An explanatory brochure is available upon request or at xxx.xxxx.xxx or via telephone at (000) 000-0000. I understand that Axos Clearing has acquired an additional $99.5 million coverage through a third party insurance company. This brings the total protection to $100 million with a limitation of $1.15 million on claims for cash balances for each client (as defined by SIPC rules). I understand that such coverage does not include transactions or trading losses or declines in the value of securities.
SIPC and Other Insurance Coverage. I understand that XXX is a member of the Securities Investor Protection Corporation (SIPC), which provides protection for accounts up to $500,000 (including $250,000 for claims of cash) per client as defined by SIPC rules. An explanatory brochure is available upon request or at xxx.xxxx.xxx or via telephone at (000) 000-0000. I understand that XXX has acquired an additional $24.5 million coverage through a third party insurance company. This brings the total protection to $25 million with a limitation of $1 million on claims for cash balances for each client (as defined by SIPC rules). I understand that such coverage does not include transactions or trading losses or declines in the value of securities.
SIPC and Other Insurance Coverage. I understand that Xxxxxx is a member of SIPC, which provides protection for accounts up to $500,000 (including $250,000 for claims of cash) per client as defined by SIPC rules. An explanatory brochure is available upon request via telephone at (000) 000-0000 or at xxx.xxxx.xxx.
SIPC and Other Insurance Coverage. Public Investing and Apex are both members of the Securities Investor Protection Corporation (“SIPC”), which provides protection for accounts up to $500,000 (including $250,000 for claims of cash) per client as defined by SIPC rules. An explanatory brochure is available upon request via telephone at (000) 000-0000 or at xxx.xxxx.xxx. I also understand that Apex has purchased an additional insurance policy through a group of London Underwriters (with Xxxxx'x of London Syndicates as the Lead Underwriter) to supplement SIPC protection. SIPC and the excess of SIPC coverage does not protect against loss due to market depreciation, fluctuation in market value of My securities, or a trading loss. A Claim that would require Apex’s additional coverage would only arise if Apex were to fail financially and customer assets for covered accounts, as defined by SIPC, cannot be located due to theft, misplacement, destruction, burglary, robbery, embezzlement, abstraction, failure to obtain or maintain possession or control of client securities, or to maintain the special reserve bank account required by applicable rules. This additional insurance policy becomes available to customers in the event that SIPC limits are exhausted. For more information about Xxxxx'x of London, please see xxx.xxxxxx.xxx.
SIPC and Other Insurance Coverage a. Broker is a member of the Securities Investor Protection Corporation (referred to below as “SIPC”). SIPC currently protects SIPC-eligible assets (i.e., cash and mutual funds) in your Accounts when aggregated with all other accounts held by you in the same title and capacity at Broker up to a maximum of $500,000, of which $250,000 (subject to inflation adjustments within the determination of SIPC) may be in cash. This account protection does not cover any decline in value of investments, or the market risks associated with investing. Positions that are held away are not in the custody or control of Broker, nor are they covered by SIPC [or any additional insurance secured by Broker]. You may obtain information about SIPC, including the SIPC Brochure and information about which assets are eligible for SIPC protection by contacting SIPC at (000) 000-0000 or visiting their website at xxx.xxxx.xxx. Any free credit balance held in your Account is held by you with the anticipation of investment in securities.
b. Cash balances in your Account that are swept to Deposit Bank are not covered by SIPC, and instead are insured by the FDIC up to applicable limits (currently, $250,000 of aggregate deposits at the same Deposit Bank in the same right deposit category, e.g., single, joint, XXX). Your cash balances that are swept into Deposit Bank may be aggregated with any other deposits in the same deposit category you hold at the same Deposit Bank for purposes of the FDIC insurance coverage limit. If your total funds on deposit at the Deposit Bank exceed the applicable FDIC insurance limit, funds in excess of the limit will not be deemed to be FDIC-insured. BROKER IS NOT RESPONSIBLE FOR MONITORING THE AMOUNT OF YOUR AGGREGATE AMOUNT OF DEPOSITS IN DEPOSIT BANK TO DETERMINE WHETHER IT EXCEEDS THE LIMIT OF AVAILABLE FDIC INSURANCE. YOU AGREE THAT YOU ARE RESPONSIBLE FOR MONITORING YOUR TOTAL DEPOSITS AT DEPOSIT BANK (INCLUDING AMOUNTS IN OTHER ACCOUNTS AT THE DEPOSIT BANK HELD IN THE SAME RIGHT AND LEGAL CAPACITY) TO DETERMINE WHETHER YOU ARE FULLY COVERED BY FDIC INSURANCE WITH RESPECT TO YOUR DEPOSITS AT DEPOSIT BANK. For information on FDIC deposit insurance, please visit xxx.xxxx.xxx.
SIPC and Other Insurance Coverage. HSBC Securities is a member of the Securities Investor Protection Corporation (“SIPC”). I may obtain information about SIPC, including the SIPC Brochure and information about which assets are eligible for SIPC protection by contacting SIPC at 1-202-371- 8300 or visiting its website at xxx.xxxx.xxx.
SIPC and Other Insurance Coverage. I understand that Alpaca is a member of the Securities Investor Protection Corporation (“SIPC”), which provides protection for accounts up to $500,000 (including $250,000 for claims of cash) per client as defined by SIPC rules. An explanatory brochure is available upon request via telephone at (000) 000-0000 or at xxx.xxxx.xxx.
SIPC and Other Insurance Coverage. CFS, WFS and Pershing are each, respectively, members of the Securities Investor Protection Corporation (“SIPC”). SIPC currently protects the assets in each of your Accounts up to $500,000, of which no more than $100,000 may be in cash. (Please note that money market balances are not considered cash; they are considered to be securities.) SIPC account protection does not cover the market risks associated with investing.
SIPC and Other Insurance Coverage. You understand that we are a member of the Securities Investor Protection Corporation (“SIPC”) and that SIPC currently protects the assets in your Brokerage Account up to $500,000, with a limit of $100,000 for cash balances, which are being held for purposes of investment. Cash balances not held for investment purposes (e.g. the sole purpose is to collect interest) may not be covered by SIPC. You acknowledge that these SIPC protections do not cover fluctuations in the market value of your securities. A brochure with the details of SIPC’s protections is available at xxx.xxxx.xxx or by calling (000) 000-0000.
SIPC and Other Insurance Coverage. HR Trader is a member of the Securities Investor Protection Corporation (“SIPC”). SIPC currently protects the securities and Cash Balances in each of the Accounts up to $500,000, including $250,000 for claims for cash in accordance with the Securities and Investor Protection Act of 1970. Please note that money market fund balances are securities and not cash for this purpose. Visit xxx.xxxx.xxx or call (000) 000-0000 for more information including a brochure on SIPC protection.. Account protection and coverage does not cover fluctuations in the market value of the Account Holder’s investments and any losses resulting therefrom. Positions not custodied by HR Trader but reflected on account statements as a service to the Account Holder are not covered by the SIPC insurance relating to HR Trader. XXXXX XxxxxxXxxxx, formally known as the FINRA’s Public Disclosure Program, allows investors to learn about the professional background, business practices and conduct of FINRA member firms and their associated persons. The telephone number of the FINRA BrokerCheck is 000-000-0000, the website address xxxx://xxx.XXXXX.xxx. An investor brochure that includes information describing FINRA BrokerCheck is also available upon request.
