Examples of SIPC in a sentence
Cash investments of the organization held by a brokerage company are covered by the Securities Investor Protection Corporation (SIPC) to a limit of $500,000.
However, both SIPC and Excess of SIPC protection are not equivalent to FDIC insurance coverage.
In the event of loss, the brokerage firm carries separate insurance protection called Excess of SIPC protection.
SUITE E-3 EDMOND, OK 73003 We Offer Strategies For:• Education Planning1• Estate Planning Strategies1• Tax Planning2• Asset Allocation• Business Planning • Disability Income Insurance• Insurance• Long-Term Care Insurance• Retirement Planning• Survivorship Planning 1 Funded through the use of life insurance and other financial products2 Please consult your tax or legal advisors regarding your particular circumstances.Securities offered through AXA Advisors, LLC (NY, NY 212-314-4600), member FINRA, SIPC.
Varying types and levels of safety protection cover the various Association investments, including FDIC insurance, SIPC insurance, privately funded bank insurance, and the backing of the US Treasury and its agencies.