SECURITIES INVESTOR PROTECTION CORPORATION. A government-sponsored private corporation that guarantees repayment of money and securities in customer accounts valued at up to $500,000 per separate customer, in the event of a broker/dealer bankruptcy.

This is insurance required by each NASD registered broker dealer. This insurance covers investors funds against malfeasance by the brokerage firm up to $200,000. However this insurance only covered cash and securities that have a market value. It does not cover private placements.

SIPC insurance covers the value of a clients securities and cash (to specified limits) if a brokerage firm goes under and the securities and cash are seized by creditors. SIPC would cover any instance of this up to the limits specified. Funds do not need SIPC type insurance because mutual fund assets are required by law to be held in a segregated account in the fund's name for the benefit of the client. Only a creditor of the fund may access these monies.

Securities Investor Protection Corporation. Nonprofit organization that provides funds to broker-dealer member firms to protect client assets on deposit in the event that broker-dealer fails and is liquidated.

SECURITIES INVESTOR PROTECTION CORPORATION. A non-profit corporation created by the Securities Investor Protection Act of 1970 under which investors are partially insured against the possibility of loss resulting from the insolvency of a broker-dealer.  In the event of a firm's insolvency, SIPC appoints a trustee to conclude the affairs of the firm.  The trustee typically would return identifiable property ( e.g., securities registered in a particular customer's name) to customers and handle customer claims for other securities or funds due them.  SIPC maintains a trust fund for the protection of customers into which broker-dealers make contributions, and SIPC may pay customer claims out of this fund, up to certain specified limits.

Securities Investor Protection Corporation. SIPC provides members with protection of the assets in their account up to $500,000 of coverage of which up to $100,000 may be cash. While the SIPC does not protect against losses from declining market value of investments, the account protection does apply when an SIPC member firm fails financially and is unable to meet obligations to securities members. MyStockFund Securities is an SIPC member, and therefore all MyStockFund accounts are protected by the SIPC.

The Securities Investor Protection Corporation. Established by Congress to protect customers of brokerage firms.

Securities Investor Protection Corporation. A nonprofit organization created by an act of Congress. SIPC provides funds for use, if necessary, to protect customers' cash and securities that are on deposit with a SIPC member firm in the event the firm fails and is liquidated. SIPC currently provides $500,000 in protection for investors' accounts. SIPC does not protect against market losses.

Securities Investors Protection Corporation. A federally chartered, non-profit membership corporation. SIPC is organized to provide protection against financial loss to customers of broker dealers who get into financial difficulties.

Securities Investor Protection Corporation. Insures securities and cash (up to specified limits) in the customer accounts of member brokerage firms against the failure of those firms. The SIPC does not protect investors against market risks.

Securities Investor Protection Corporation. Formed by the Securities Investors Protection Act of 1970, a government-sponsored, private, nonprofit corporation that guarantees repayment of money and securities to customers in amounts up to $500,000 per customer in the event of a broker/dealer bankruptcy. SIPC covers up to a maximum of $500,000, only $100,000 of which may be for cash. If you have, for example, $100,000 in cash and $100,000 in securities in your account, you are covered for $200,000 ($100,000 of which is cash). If you have $200,000 in securities and $200,000 in cash, you are covered for $300,000 ($200,000 in securities plus $100,000 in cash). If you have $500,000 in securities and $100,000 in cash, you are covered for $500,000, the maximum.

See Securities Investor Protection Corporation

SECURITIES INVESTOR PROTECTION CORPORATION. A nonprofit membership corporation created by an act of Congress to protect clients of brokerage firms that are forced into bankruptcy. Membership is composed of all brokers and dealers registered under the Securities Exchange Act of 1934, all members of national securities exchanges, and most NASD members. SIPC provides customers of these firms protection of up to $500,000 of coverage for their cash and securities held by the firm.

Securities Investor Protection Corporation. Provides funds for use, if necessary, to protect customers' cash and securities that may be on deposit with a SIPC member firm in the event the firm fails and is liquidated under the provisions of the SIPC Act. SIPC is not a government agency. It is a non-profit membership corporation created, however, by an act of Congress.

Securities Investor Protection Corporation. The SIPC is a non-profit corporation created by U.S.Congress to insure investors against losses caused by the failure of a brokerage firm. Through the SIPC, assets in your brokerage account are insured up to $500,000 (including up to $100,000 in cash), but only against losses that result from the brokerage firm going bankrupt, not against market losses caused by trading decisions or other causes. All brokers and dealers registered with the Securities and Exchange Commission (SEC) are required to be SIPC members.

Securities Investor Protection Corporation. A nonprofit membership corporation created under the Securities Investor Protection Act of 1970 to protect client accounts of brokerage firms that are forced into bankruptcy. SIPC does not protect investors from market risk.

Securities Investor Protection Corporation. A non-profit membership corporation established by Congress that insures securities and cash in customer accounts up to $500,000 (up to $100,000 in cash) in the event of brokerage bankruptcy.

Securities Investor Protection Corp.. Nonprofit corporation that insures the cash and securities in the accounts of brokerages up to $500,000 in the event of a firm failure. All brokers and dealers registered with the Securities and Exchange Commission (SEC) must be SIPC members.

The Securities Industry Protection Corporation. Provides up to $500,000 insurance protection for your U.S. stock brokerage account.

Securities Investor Protection Corporation. A nonprofit membership corporation created by an act of Congress to protect clients of brokerage firms that are forced into bank- ruptcy. Membership is composed of all brokers and dealers registered under the Securities Exchange Act of 1934, all members of national securities exchanges, and most NASD members. SIPC provides customers of these firms protection of up to $500,000 of cash and securities, of which no more than $100,000 may be in cash.

Securities Investor Protection Corporation. A nonprofit membership corporation created by an act of Congress to protect clients of brokerage firms that are forced into bankruptcy. Membership is composed of all brokers and dealers registered under the Securities Exchange Act of 1934, all members of national securities exchanges and most NASD members. SIPC provides brokerage firm customers up to $500,000 coverage for cash and securities held by the firms (although cash coverage is limited to $100,000).

Securities Investor Protection Corporation. the non-profit corporation that protects securities customers of its members up to $500,000 (including $100,000 for claims for cash). An explanatory brochure is available upon request or at www.sipc.org.

A nonprofit corporation established by an act of Congress in 1970 in order to protect the customers of brokerage firms from the insolvency of those firms. All broker-dealers registered with the Securities and Exchange Commission and with a national exchange are required to join. SIPC provides up to $500,000 in protection, of which no more than $100,000 may be in cash. See: Insolvency; Securities And Exchange Commission

Securities Investor Protection Corporation. Non-profit organization consisting of members of the securities industry who support it on an assessment basis. If a member should fail, that member's customers are protected up to a maximum of $500,000, including up to $100,000 in cash.

Securities Investor Protection Corporation. A nonprofit corporation that insures investors against the failure of brokerage houses, similar to the way that the Federal Deposit Insurance Corp. insures bank deposits. Coverage is limited to a maximum of $500,000 per account, but only up to $100,000 in cash. SIPC does not insure against market risk.

The Securities Investor Protection Corporation (SIPC) was created in 1970 as a non-profit, non-government, membership corporation, funded by member broker/dealers. Its primary role is to return funds and securities to investors if the broker/dealer holding these assets becomes insolvent. SIPC coverage applies to current (and in some cases former) SIPC members. Virtually all broker/dealers registered with the Securities and Exchange Commission (SEC) are SIPC members; those few that are not must disclose this fact to their customers. SIPC coverage is also limited to $500,000 per customer, including up to $100,000 for cash. SIPC covers notes, stocks, bonds, mutual fund and other investment company shares, and other registered securities. It does not cover instruments such as unregistered investment contracts, unregistered limited partnerships, fixed annuity contracts, currency, and interests in gold, silver, or other commodity futures contracts or commodity options.