SIPC protects against the loss of cash and securities – such as stocks and bonds – held by a customer at a financially-troubled SIPC-member brokerage firm. The limit of SIPC protection is $500,000, which includes a $250,000 limit for cash.

SIPC protection of customers with multiple accounts is determined by "separate capacity." Each separate capacity is protected up to $500,000 for securities and cash (including a $250,000 limit for cash only). Accounts held in the same capacity are combined for purposes of the SIPC protection limits. Examples of separate capacities are:

Mar 13, 2023 · SIPC provides brokerage account insurance up to $500,000 if your assets and cash go missing. Investment losses or claims against bad advice are not covered.

No. Customers in a direct payment procedure are eligible for SIPC protection up the same limits applicable in a liquidation under the Securities Investor Protection Act; i.e., a maximum of $500,000, of which no more than $250,000 may be based on a claim for cash.

Dec 22, 2024 · SIPC Coverage Limits The standard SIPC coverage protects assets valued up to $500,000. The coverage is mainly for securities, but half of the allowable coverage amount ($250,000) can also be used for uninvested cash balances. The secondary layer of SIPC offered by many brokers is called Excess SIPC.

Jun 7, 2023 · SIPC protection advances funds of up to $500,000 per customer (including a $250,000 limit for cash claims) to cover a shortfall in customer property. We will discuss how this protection works in more detail below.

Nov 1, 2024 · SIPC coverage insures people for up to a limit of $500,000 in cash and securities per account. SIPC protections also include up to $250,000 in cash coverage.

Sep 12, 2023 · SIPC coverage insures people for up to a limit of $500,000 in cash and securities per account. SIPC protections also include up to $250,000 in cash coverage.

If your brokerage firm goes out of business, cannot meet its obligation to customers, and is a member of the Securities Investor Protection Corporation (SIPC), then your cash and securities held by the brokerage firm may be protected up to $500,000, including a $250,000 limit for cash.

Dec 1, 2024 · SIPC’s role is to restore funds to investors, up to certain limits, when their brokerage firm fails. Under SIPA, the coverage limit is $500,000 per customer, including a maximum of $250,000 for cash claims.