SIPC Protection Sample Clauses
The SIPC Protection clause defines the coverage provided to customers by the Securities Investor Protection Corporation (SIPC) in the event a brokerage firm fails financially. This clause typically clarifies that customer accounts are protected up to a certain limit for securities and cash held by the broker, but does not cover losses from market fluctuations. Its core function is to reassure clients that their assets are safeguarded against broker insolvency, thereby promoting confidence and trust in the brokerage relationship.
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SIPC Protection. As a member of the Securities Investor Protection Corporation (SIPC), funds are available to meet customer claims up to a ceiling of $500,000, including a maximum of $250,000 for cash claims. For additional information regarding SIPC coverage, including a brochure, please contact SIPC at (▇▇▇) ▇▇▇-▇▇▇▇ or visit ▇▇▇.▇▇▇▇.▇▇▇. Apex has purchased an additional insurance policy through a group of London Underwriters (with ▇▇▇▇▇'▇ of London Syndicates as the Lead Underwriter) to supplement SIPC protection. This additional insurance policy becomes available to customers in the event that SIPC limits are exhausted and provides protection for securities and cash up to certain limits. Similar to SIPC protection, this additional insurance does not protect against a loss in the market value of securities.
SIPC Protection. BB&T Securities is a member of the Securities Investor Protection Corporation (“SIPC”). You may obtain information about SIPC, including the SIPC brochure, by contacting SIPC at ▇▇▇.▇▇▇▇.▇▇▇ or by calling SIPC at 1-202-371-8300. Securities and cash carried in a BB&T Securities account receive up to $500,000 in protection, of which protection of uninvested free cash is limited to $250,000. Your protection is for each account held in a separate capacity, e.g., as custodian, sole owner, or joint owner. Shares of money market mutual funds are securities and are not covered as cash. BB&T Securities may have purchased additional protection; see Your monthly client statement for the current coverage. SIPC coverage does not protect You against declines in value of securities.
SIPC Protection. SIPC provides protection against the loss of Property custodied at WSI, in the event WSI becomes insolvent. SIPC does not insure against the loss of your investment, nor does SIPC insurance ensure the quality of investments or protect against a decline or fluctuations in the value of your investment. SIPC protects each client’s securities and cash held in a client’s brokerage account at an insolvent brokerage firm. SIPC protects against the loss of client securities and cash up to a total of $500,000 (of which up to $250,000 may be cash) per client in each separate capacity under SIPC rules. For additional information regarding SIPC coverage, including a brochure, please contact SIPC at (▇▇▇) ▇▇▇-▇▇▇▇ or visit ▇▇▇.▇▇▇▇.▇▇▇. Cash swept into FDIC insured banks in connection with the Sweeps Program is not insured by SIPC.
SIPC Protection. 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 broch ure is available upon request or at ▇▇▇.▇▇▇▇.▇▇▇ or via telephone at (▇▇▇) ▇▇▇-▇▇▇▇. 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
SIPC Protection. As a member of the Securities Investor Protection Corporation (SIPC), funds are available to meet customer claims up to a ceiling of $500,000, including a maximum of $250,000 for cash claims. For additional information regarding SIPC coverage, including a brochure, please contact SIPC at
SIPC Protection. Securities in Accounts carried and cleared by us are protected in accordance with the Securities Investor Protection Corporation ("SIPC”) up to $500,000 (including up to $250,000 for uninvested cash). Coverage does not protect against a decline in the market value of securities, nor does coverage extend to certain securities that are considered ineligible for coverage. For more details on SIPC, or to request a SIPC brochure, visit SIPC website: ▇▇▇.▇▇▇▇.▇▇▇. Telephone: ▇▇▇.▇▇▇.▇▇▇▇. Email: ▇▇▇▇▇▇▇.▇▇▇ Pursuant to FINRA Rule 2165, if you have identified a trusted contact person, you authorize us to contact the trusted contact person to disclose information about you and your Account(s) in the event of potential financial exploitation or to confirm other information. The trusted contact person is only a source of information and does not have trading authority over your Account(s). Please contact your representative to add, remove, or change your trusted contact person.
SIPC Protection. 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 customer as defined by SIPC rules. An explanatory brochure is available upon request or at ▇▇▇.▇▇▇▇.▇▇▇ or via telephone at (▇▇▇) ▇▇▇-▇▇▇▇. Axos Clearing has acquired an additional $99.5 million in aggregate coverage through a third party insurance company. This brings the total aggregate available protection to $100 million for all but not each account holder with a limitation of $1.15 million on claims for cash balances for each customer (as defined by SIPC rules). You understand that such coverage does not include coverage for transactions or trading losses or declines in the value of securities.
SIPC Protection. SIPC is a non-profit membership corporation created by the Securities Investor Protection Act of 1970, funded primarily by its member securities brokerage firms registered with the U.S. Securities and Exchange Commission. SIPC provides protection against custodial risk to clients of securities brokerage firms, like RHS, being a member of SIPC, in the event such firms become insolvent. Unlike FDIC insurance, SIPC does not insure against the loss of your investment. Nor does SIPC insure the quality of investments or protect against a decline or fluctuations in the value of your investment. SIPC protects each client's securities and cash held for the purpose of purchasing securities in a client's Account at an insolvent brokerage firm. SIPC protects against the loss of customer securities and cash awaiting investment in securities up to a total of $500,000 (of which up to $250,000 may be cash) per customer in each separate capacity under SIPC rules. Balances maintained in the Deposit Accounts at each Program Bank are not protected by SIPC. If you have questions about SIPC protection, please contact us at ▇▇▇▇▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇. You may also obtain information about SIPC protection, including a brochure that describes SIPC and SIPC protection, by accessing the SIPC Website at ▇▇▇.▇▇▇▇.▇▇▇.
SIPC Protection. SIPC is a non-profit membership corporation created by the Securities Investor Protection Act of 1970, funded primarily by its member securities brokerage firms registered with the U.S. Securities and Exchange Commission. SIPC provides protection against custodial risk to clients of securities brokerage firms, like Robinhood, in the event such firms become insolvent. Unlike FDIC insurance, SIPC does not insure against the loss of your investment. Nor does SIPC insure the quality of investments or protect against a decline or fluctuations in the value of your investment. SIPC protects each client's securities and cash held for the purpose of purchasing securities in a client's Account at an insolvent brokerage firm. SIPC protects against the loss of customer securities and cash awaiting investment in securities up to a total of $500,000 (of which up to $250,000 may be cash) per customer in each separate capacity under SIPC rules.