SIPC was created to oversee the liquidation of SIPC member brokerage firms when a firm fails and customer assets are missing. In a Securities Investor Protection Act liquidation, SIPC works to return customers’ securities, cash and property as quickly as possible. SIPC protects the accounts of customers, up to $500,000 for securities and cash (including a $250,000 limit for cash only).
Find out more about SIPC by clicking on When SIPC Gets Involved, What SIPC Protects, Investors with Multiple Accounts, and What the SIPC Logo Means. If you still have more questions, check our Investor FAQs or Contact Us.