Answers to the 7 Most Asked Questions
- How quickly will I get my investments back?
Most customers can expect to receive their property in one
to three months. When the records of the brokerage firm are
accurate, deliveries of some securities and cash to customers
may begin shortly after the trustee receives the completed claim
forms from customers, or even earlier if the trustee can transfer
customer accounts to another broker-dealer. Delays of several
months usually arise when the failed brokerage firm’s records
are not accurate. It also is not uncommon for delays to take
place when the troubled brokerage firm or its principals were
involved in fraud.
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