SIPC Issues Statement on SEC Decision Not to Pursue Stanford Appeal
SEC Decision Follows U.S. Court of Appeals & District Court Decision That Stanford International Bank CD Investors Do Not Meet Definition of Customer Under SIPA.
SIPC Applauds Lehman Trustee On Planned Return Of $4.6 Billion To Unsecured General Creditors Following 100 Percent Satisfaction Of Customer Claims
First Distribution to Unsecured General Creditors Will Commence in September.
SIPC Issues Statement on Stanford Decision From U.S. Court of Appeals
U.S. Court of Appeals Upholds District Court Decision That Stanford International Bank CD Investors Do Not Meet Definition of Customer Under SIPA
SIPC: Nearly $6 Billion Now Distributed to Madoff Victims
Additional $351.6 Million Goes to Customers with Allowed Claims With Madoff Trustee’s Fourth Distribution.
- SIPC Commends MF Global Trustee for Achieving Milestone 100 Percent Return of MF Global Customer Property with Final Distribution
- SIPC: All Madoff Customers With Allowed Claims Under $925,000 To Be Satisfied In Full With Fourth Distribution
SIPC Applauds MF Global Trustee On Approval For Milestone 100 Percent Return Of U.S. And Overseas Commodities Customer Property
MF Global Commodities Customers Will Now Join Securities Customers in Full Satisfaction of Allowed Customer Claims
SIPC Applauds Lehman Trustee On Milestone 100 Percent Return Of Securities Customers' Property
No SIPC Fund Advances Needed To Satisfy Customers; Largest Return of Property to Customers of a Former Broker-Dealer Following a Bankruptcy and Liquidation
SIPC: $5.44 Billion Now Distributed To Madoff Victims
Madoff Trustee's Third Distribution Sends Approximately $506.2 Million to Customers With Allowed Claims
SIPC: Lehman Agreements To Result In Billions Of Dollars In Additional Customer, Creditor Distributions
If Approved, LBI Customers Will Be Made Whole; Billions of Dollars in Remaining LBIE and LBHI Creditor Claims Resolved
Third Interim Distribution Of Recovered Funds In Madoff Global Liquidation Will Total Approximately $505 Million
Aggregate Distributions Will Reach Approximately $5.4 Billion
SIPC: MF Global Agreements Should Result In 100 Percent Return Of Allowed Securities Customer Property
If Conditions Met and Agreements Approved by the Court, Trustee Anticipates Significant Additional Distributions to Commodities Customers Trading on US, Non-US Exchanges.
SIPC: No Liquidations Of Brokerage Firms Seen As A Result Of Hurricane Sandy
Lessons Learned from 9/11, 'Y2K' Helped Avert Firm Shutdowns in Latest Crisis
SIPC: Lehman Agreement Paves Way For 100 Percent Return Of Customer Property
Under Agreement, No SIPC Fund Advances Needed To Satisfy Customers; Resolves Tens of Billions in Claims From LBI's Single Largest Claimant
SIPC: $2.5 Billion Distributed To Madoff Victims, Covering Half Of Allowed Claims
SIPC Advances Used to Facilitate Recovery of $9.1 Billion for Customers
- SIPC To Defend Itself Against SEC Appeal
Second Interim Distribution To Madoff Victims
Will Total Approximately $1.5 Billion-$2.4 Billion
SIPC Comments On District Court Decision In Stanford Case
Scope of SIPC Protection Reaffirmed
- Supreme Court Net Equity Decision Permits SIPA Trustee to file Motion for Second Interim Pro Rata Distribution
SIPC Comments on Madoff Trustee's Settlement in Katz Case
Decision a Major Step Forward in Interest of Madoff Victims, Defendants Will Pay $162 Million to Trustee Over Five Years
SIPC Modernization Task Force Issues Report
Diverse Group of Securities Experts Make Recommendations For Future of Organization
- Status Update From The Office Of James W. Giddens, Trustee For The Liquidation Of MF Global Inc., Concerning The Trustee's Investigation
SIPC To Defend Itself Against SEC Lawsuit Over Stanford Antiguan Bank Losses
Lawsuit In Conflict With Securities Investor Protection Act
Liquidation Proceeding For MF Global Inc. Undertaken By Securities Investor Protection Corporation
SIPC Taking Action to Protect Customer Assets; Giddens Appointed by Court as Trustee
Initial Interim Distribution Of Recovered Funds To Madoff Claims Holders
New Settlements Increase Initial, Interim Pro Rata Distribution to Approximately $312 Million
- SIPC Statement On U.S. Court Of Appeals Upholding Of Madoff Trustee "Net Equity" Calculation
Settlement Reached With Tremont Group, Second-Largest Feeder Fund Network In Madoff Ponzi Fraud
Cash Payments of more than $1 Billion to be made to BLMIS Customer Fund; Settlement Structure Facilitates Future Recovery Distributions to Feeder Fund Investors
SIPC Issues Warning On "Phishing" Scam Targeting Investment Scam Victims
Victims and Potential Investors in Scams Targeted by Phony "SIPC Agents"
Trustee For Liquidation Of Bernard L. Madoff Investment Securities Files Motion To Allocate Recovered Monies To The BLMIS Customer Fund And Return Stolen Monies To Customers
2.6 Billion to be Allocated to Customer Fund; Initial, Interim Pro Rata Distribution of Approximately $272 Million to BLMIS Customers; Appeals of Picower, Levy Settlements and Net Equity Prevent Larger Payments
Manhattan U.S. Attorney Announces Agreement To Recover $7.2 Billion For Victims Of Bernard L. Madoff'S Ponzi Scheme From Estate Of Jeffry M. Picower
Multi-Billion Dollar Settlement To Benefit Madoff's Victims Is Largest Single Forfeiture Recovery In U.S. History
Madoff Trustee, Charities Negotiating Settlements
Agreements Allow Charities to Continue Good Works
- Madoff Trustee, Sipc Announce $550 Million Recovery Agreement With Carl Shapiro, Robert Jaffe And Related Entities
First-Ever Online Forum Set To Solicit U.S. Public's Views About Modernization Of The Securities Investor Protection Corporation
Opportunity for Investors to Speak Out Takes Place at 8 p.m. EDT on September 14, 2010
Update: Warning Re-Issued On Bogus "SIPC Checks" Targeting U.S. Consumers And Job Seekers
Phony Checks Now Showing Up in Connection With Jobs Advertised on Craigslist
- www.sipcmodernization.org Launched To Gather Public Input, Task Force To Undertake Review Of SIPC
Settlement Agreement Reached With Joint Liquidators Of Fairfield Sentry, Madoff'S Largest Feeder Fund
Settlement Significantly Increases Potential Future Recoveries and Customer Fund Payouts
SIPC Exposes Phony "Look-Alike" Web Site Targeting Madoff Victims
Victims, Other Investors Cautioned Against Providing Information Via Web Site; Bogus Claims Made About Recovering "$1.3 Billion Discovered in Madoff Hideout"
- U.S., Chinese Officials To Cooperate In Cross-Border Brokerage Insolvency, Liquidation Cases
Major Milestone: Over Half A Billion Dollars Advanced By SIPC So Far To Madoff Customers
BLMIS Payouts Now in the Works Exceed the Total of All 321 Previous Proceedings Since Start of SIPC in 1970; In Madoff Case, the Number of Determined Claims Nears 3,000.
- SIPC Trustee Sues Ruth Madoff: Seeks Recapture Of $45 Million Of Customers' Money She Received From Husband In The Last Six Years
SIPC, Madoff Trustee Announce $231 Million In Funds Committed To Blmis Customers, With An Additional $2.741 Billion Authorized For Potential Future Recovery
Sum of Commitments Exceeds the Total SIPC Protection Extended in 11 Largest Liquidations; Trustee Picard Makes It Easier For Last-Minute Filers.
SIPC Supports $235 Million Settlment With Optimal In Madoff Liquidation
As of Memorial Day, Over $116 Million in Commitments Made So Far to Satisfy 237 Madoff Claimants
SIPC: $61 Million in Commitments Made to Madoff Claimants, with $100 Million Level Expected to Be Reached by Memorial Day
Trustee Madoff, SIPC President Harbeck Provide Update on Liquidation Proceeding
Press Release Of Irving H. Picard
Trustee Announces Winning Bid Of Up To $25.5 Million For Madoff Market Maker Business
- Securities Investor Protection Corporation, Egypt Investor Protection Fund To Cooperate In Cross-Border Brokerage Insolvency, Liquidation Cases
- James W. Giddens, Lehman Brothers Inc. SIPC Trustee, Reports On Progress Of Customer Claim Processing
Meeting Of Madoff Creditors To Take Place Friday
Special Toll-Free Phone Line Provided for Creditors Unable to Attend in Person
Madoff Liquidation Trustee Mails More Than 8,000 Customer Claim Forms, Publishes Notice in Major Newspapers
March 4th and July 2nd Deadlines Set for Claim Filings
SIPC, Trustee Issue Statement on Initial Recovery of Assets in Madoff Liquidation Proceeding
Claim Form Mailing in Madoff Liquidation to Proceed on or before January 9, 2009
Liquidation Proceeding for Bernard L. Madoff Investment Securities LLC Undertaken by Securities Investor Protection Corporation
Trustee Appointed By Court; SIPC Taking Action to Protect Customer Assets.
- SIPC: James W. Giddens, Lehman Brothers Inc. SIPC Trustee, Announces Protocols Regarding Prime Brokerage Arrangements & Other Broker-Dealer Transactions
- SIPC: James W. Giddens, Lehman Brothers Inc. SIPA Trustee, Reports on Progress of U.S. Liquidation
- SIPC: Lehman Brothers Inc. Liquidation Proceeding Paves Way for Asset Purchase Agreement by Barclays
- SIPC Warns Investors of New Identify Theft "Phishing" Scheme Involving Phony Request for Confidential Financial Information
- NASAA, SIPC Offer Answers to Investors Concerned About the Safety of Their Brokerage Accounts
Liquidation Proceedings for New Orleans Area Brokerage Firm Undertaken by Securities Investor Protection Corporation
SIPC Appointed By Court to Act as Trustee; Investor Losses Could Reach $2 Million.
- Securities Investor Protection Corporation, Korea Deposit Insurance Corporation to Cooperate in Cross-border Brokerage Insolvency, Liquidation Cases
Securities Investor Protection Corporation Gets Three New Board Members Approved by U.S. Senate
New SIPC Board Members Are Leaders at The Travelers, ING and UBS
SIPC Reduces Investor Confusion by Gaining Control of sipc.com Web Domain
Organization Prevails in Arbitration Proceeding to End Service Mark Infringement
SIPC Now Identifying Customers of Nyc Brokerage Firm Undergoing Liquidation
Up to $3 Million May Have Been Lost by Under 200 Investors at Small Firm; Arrested Employee Under Investigation for Possible Misuse of Customer Assets.
SIPC Board Chairman Named as One of Leading Hispanics in the United States
Miami Attorney, Miami Dade Community College Trustee Featured on List of "Top 100 Most Influential Hispanics"
SIPC Board Chairman Rings the Closing Bell at New York Stock Exchange
Miami Attorney Is First Hispanic Appointed to Serve as SIPC Chair
- Misleading Investment Ad Halted by Securities Investor Protection Corporation (SIPC) and Idaho Department of Finance
- SIPC President Signs Cooperative Agreement with Taiwan Counterpart, Meets Other Investor Compensation Groups
SIPC Names Armando J. Bucelo, Jr. as New Chairman of Board of Directors
Miami Attorney Is First Hispanic and First Floridian Appointed to SIPC Board
SIPC: Pending Settlement Announced in MJK Clearing Litigation
$10 Billion Recovered and Returned to Date to Customers, According to Trustee
SIPC/Investor Protection Trust Survey: 4 out of 5 U.S. Investors Fail "Survival Skills" Survey Test
Despite Encouraging Signs on Understanding of Diversification and Need to Review Account Statements, Few Investors Possess Needed Blend of Basic Knowledge and Smart Behavior.
SIPC: No Liquidations of Brokerage Firms Seen as a Result of Hurricanes
Industry Planning Works As It Did on 9/11 in Preventing Firm Shutdowns
Securities Investor Protection Corporation (SIPC) Launches Spanish Language Web Site
Latest Step Part of Ongoing Effort to Explain Work of Organization to Investors
- SIPC And Canadian Counterpart to Coordinate on Brokerage Firm Insolvencies in North America
Customers to Be Fully Reimbursed in Liquidation of MJK Clearing
More Than $10 Billion Returned So Far in SIPC-Ordered Process
SIPC Advises Investors to Ignore E-mail-based "Phishing" Schemes for Personal Financial Information
New Warning is Third in Two Months About Actual, Possible Schemes
SIPC Discharges Employee in Connection with Cincinnati Investigation
No Customer Funds Lost or at Risk in Either Case, Trustees Will Seek Full Recovery of Overbilled Funds Supplied by SIPC.
SIPC: 3,200 Accounts With $106 Million Moving to Saxony Securities From Failed Clearing Services of America
Collapse of St. Louis Brokerage Firm Tied to Earlier Eberhard/Park South Failure
SIPC: 3,000 Accounts Frozen in St. Louis Brokerage Liquidation Tied to Eberhard/Park South Brokerage Firm Collapse
NASD Credited With "Untangling" 30 Smaller Firms Before Liquidation Started
Statement of Securities Investor Protection Corporation (SIPC) Stephen Harbeck, General Counsel
On Release of GAO Report "Securities Investor Protection: Update on Matters Related to the Securities Investor Protection Corporation"
- SIPC: $64 Million in Customer Assets at Denver Brokerage Firm Transferred to Indianapolis Securities
- SIPC: Claims Forms to Go out to 2,300 Investors in Eberhard/Park South Brokerage Firm Collapse
SIPC Announces Major Campaign to Educate Investors
English/Spanish Public Service Announcements Are a First for SIPC; Push Targets Nearly 7,000 Television, Cable and Radio Stations Across U.S.
SIPC: 2001 Set Record for Number of Customers Paid, Amount of Advances
2001 Ushered in Largest Brokerage Bankruptcy Case Ever
- SIPC: Indiana Bankruptcy Judge Clears Way for Sipc to Help 30 Investors Recover Up to $2 Million
- SIPC: 23,000 Customers Get Claim Packages After $2 Million Theft at St. Louis Brokerage Firm
SIPC: Bankruptcy Court Clears Sale of Troubled Minnesota Brokerage Firm
175,000-Customer Firm Failure is Largest Ever Handled by SIPC
Survey: More Than 4 out of 5 U.S. Investors Fail Quiz of Basic "Survival" Knowledge
Most Investors Mistakenly Think "Insurance" Exists for Fraud, Market Losses; Concepts of Limit Orders and Margin Calls Poorly Understood By Most.
SIPC Expects to Advance $5 Million to Investors Hit by Theft at Ohio Brokerage Firm
Smooth Relocation of Over 27,000 Investor Accounts Underway
In "Most Expensive" Case in Its History, SIPC Returns Funds to Nearly 10,000 Investors
$31 Million Theft of Stock at Texas Firm Involved Investors in All 50 States; Case Illustrates How SIPC Is Often "Investor's First Line of Defense."