SIPC Coverage Sample Clauses

SIPC Coverage. THE PARTIES ACKNOWLEDGE THAT THE PROVISIONS OF THE SECURITIES INVESTOR PROTECTION ACT OF 1970 MAY NOT PROTECT THE FUND WITH RESPECT TO THE SECURITIES LOAN TRANSACTION AND THAT, THEREFORE, THE COLLATERAL DELIVERED BY AN APPROVED BORROWER TO THE FUND MAY CONSTITUTE THE ONLY SOURCE OF SATISFACTION OF THE OBLIGATION OF THE APPROVED BORROWER IN THE EVENT THE APPROVED BORROWER (OR ITS AGENT) FAILS TO RETURN THE SECURITIES.

SIPC Coverage. THE PARTIES ACKNOWLEDGE THAT THE PROVISIONS OF THE SECURITIES INVESTOR PROTECTION ACT OF 1970 (“SIPA”) OR THE ▇▇▇▇-▇▇▇▇▇ ACT OF 2010 (“DFA”) MAY NOT PROTECT THE FUND WITH RESPECT TO THE SECURITIES LOAN TRANSACTION AND THAT, THEREFORE, THE COLLATERAL DELIVERED BY AN APPROVED BORROWER TO THE FUND MAY CONSTITUTE THE ONLY SOURCE OF SATISFACTION OF THE OBLIGATION OF THE APPROVED BORROWER IN THE EVENT THE APPROVED BORROWER (OR ITS AGENT) FAILS TO RETURN THE SECURITIES. THE LENDING AGENT SHALL NOT BE RESPONSIBLE FOR ANY LOSSES INCURRED OR LIABILITIES WHICH ARISE SOLELY DUE TO THE APPLICATION OF SIPA OR DFA TO THE SECURITIES LENDING TRANSACTIONS DESCRIBED HEREIN.

SIPC Coverage. You understand that SI Securities is a members of the Securities Investor Protection Corporation (“SIPC”), which provides protection for accounts up to $500,000 (including $250,000 for claims of cash) per client as defined by SIPC rules. As it pertains to SIPC, you can obtain further information, including the SIPC brochure, by contacting SIPC. They can be reached by visiting their website at ▇▇▇▇://▇▇▇.▇▇▇▇.▇▇▇/or by telephone, email, or regular mail: Securities Investor Protection Corporation Tel: +▇ (▇▇▇) ▇▇▇-▇▇▇▇ ▇▇▇▇ ▇ ▇▇. ▇.▇. ▇▇▇▇▇ ▇▇▇▇ Fax: +1 (202) ▇▇▇-▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, ▇.▇. ▇▇▇▇▇-▇▇▇▇ Email: ▇▇▇▇▇▇▇@▇▇▇▇.▇▇▇ Complaints concerning services provided by SI Securities may be directed to: ▇▇▇▇ ▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ (646) 291-2161 As a member of FINRA, SI Securities is required to disclose the availability of BrokerCheck, an online tool that provides information about FINRA-registered firms and investment professionals. To access BrokerCheck or download an investor brochure, go to ▇▇▇▇://▇▇▇.▇▇▇▇▇.▇▇▇/brokercheck. You can also call the BrokerCheck Hotline at 800.289.9999.

SIPC Coverage. We are a member of the Securities Investor Protection Corporation (“SIPC”). SIPC protects client accounts against the loss of their securities in the event of the member’s insolvency and liquidation by replacing missing securities and cash up to a maximum of $500,000 per client, including $250,000 for claims for cash. SIPC does not protect you against losses from changes in the market values of your investments. For more information on SIPC coverage, please see the explanatory brochure available at http: /▇▇▇.▇▇▇▇.▇▇▇ or contact SIPC at ▇▇▇-▇▇▇-▇▇▇▇.

SIPC Coverage. Jiko Securities is a member of the Securities Investor Protection Corporation ("SIPC"), and customers of Jiko Securities are protected up to applicable SIPC limits with respect to amounts that are not on deposit in the Bank Accounts. For more information regarding FDIC insurance, please consult ▇▇▇▇.▇▇▇. For more information regarding SIPC coverage, or to request the SIPC brochure, please consult ▇▇▇▇.▇▇▇ or call ▇▇▇-▇▇▇-▇▇▇▇.

SIPC Coverage. LEX and Apex are members of SIPC. Securi- ties accounts held at Apex, including your ac- count, are protected in accordance with SIPC, which currently protects the securities and cash balances in your Account up to $500,000, includ- ing $250,000 for claims for cash, subject to peri- odic adjustments for inflation, in accordance with the Securities and Investor Protection Act of 1970 (“SIPA”). In the event of a SIPC liquidation, your total claim (known as your “net equity” position) would equal the total of securities and cash posi- tions in your Account, less any indebtedness owed on the Account (for example, margin loans). Net equity positions are paid in a SIPC distribu- tion out of all customer securities and cash (known as “customer property”) recovered by the liquidating trustee, on a pro rata basis to all cus- tomers. Any net equity claims not paid through such distributions of customer property are pro- tected by the above dollar limits of SIPC coverage. Cash balances are included in a net equity claim only if they are on deposit in your account for the purpose of purchasing securities, or arise out of sales or conversions of securities. Cash de- posits that are not intended to be used to pur- chase securities, or that do not originate from se- curities in any of the circumstances described in the previous sentence, are ineligible for protec- tion as net equity claims. Nor do SIPC protections extend to any assets that are not considered secu- rities under the SIPA statute, including commod- ities and related contracts (including commodi- ties future and options), foreign currency, and unregistered investment contracts and joint ven- ture interests. You may obtain further information about SIPC protection, including the SIPC brochure, at SIPC’s website at ▇▇▇.▇▇▇▇.▇▇▇ or by calling SIPC at 202-371-8300. SIPC protection and coverage does not protect against fluctuations in the mar- ket value of your investments and any losses re- sulting therefrom or other claims against a bro- ker-dealer while it is still in business.

SIPC Coverage. ▇▇▇ and Apex are members of SIPC. Securities accounts held at Apex, including your Account, are protected in accordance with SIPC, which currently protects the securities and cash balances in your Account up to $500,000, including $250,000 for claims for cash, subject to periodic adjustments for inflation, in accordance with the Securities and Investor Protection Act of 1970 (“SIPA”). In the event of a SIPC liquidation, your total claim (known as your “net equity” position) would equal the total of securities and cash positions in your Account, less any indebtedness owed on the Account (for example, margin loans). Net equity positions are paid in a SIPC distribution out of all customer securities and cash (known as “customer property”) recovered by the liquidating trustee, on a pro rata basis to all customers. Any net equity claims not paid through such distributions of customer property are protected by the above dollar limits of SIPC coverage.

SIPC Coverage. Balances maintained in the Deposit Accounts at each Deposit Bank are not protected by SIPC or excess coverage purchased by Webull Financial. Money market fund shares, by comparison, are considered to be securities for purposes of SIPC coverage. You may obtain further information about SIPC coverage, including a brochure that describes SIPC and SIPC insurance, by accessing the SIPC website at ▇▇▇.▇▇▇▇.▇▇▇.

SIPC Coverage. Free Credit Balances will NOT be insured by SIPC coverage at any time, including during the period while they are held at a Clearing Bank or at any intermediary bank while in transit to or from the Program Banks. Although SoFi Securities is a member of SIPC, SIPC coverage is generally limited to: (a) cash on deposit with a broker‐dealer for the purpose of purchasing securities, (b) cash that arises out of sales or conversions of securities, or (b) cash that is received, acquired, or held in certain portfolio margin accounts carried as securities accounts. Cash deposits that are not intended to be used to purchase securities, or that do not arise from any of the other transactions or circumstances described in the previous sentence, are ineligible for SIPC coverage. SIPC also does not cover funds that have been swept to the Program Banks. These amounts are subject to FDIC coverage as described below. You may obtain further information about SIPC, including the SIPC brochure, at SIPC’s website at ▇▇▇.▇▇▇▇.▇▇▇ or by calling SIPC at 202‐371‐8300.