News Releases

2009

Wednesday, October 28, 2009
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.

Wednesday, July 01, 2009
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.

Tuesday, May 26, 2009
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

Thursday, May 14, 2009
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

Monday, April 27, 2009
Press Release Of Irving H. Picard

Trustee Announces Winning Bid Of Up To $25.5 Million For Madoff Market Maker Business

Thursday, February 19, 2009
Meeting Of Madoff Creditors To Take Place Friday

Special Toll-Free Phone Line Provided for Creditors Unable to Attend in Person

Monday, January 05, 2009