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Home > Customer Support > FINRA

FINRA

  • FINRA Investor News January 30, 2012
  • FINRA Investor News December 22, 2011
  • FINRA Investor News September 15, 2011
  • FINRA Investor News August 12, 2011
  • FINRA Investor News June 9, 2011
  • FINRA Investor News May 12, 2011
  • FINRA Investor News April 14, 2011
  • FINRA Investor News March 17, 2011
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System response times may vary due to a variety of factors, including trading volumes, market conditions, and system performance.
© 1st Discount Brokerage, Inc. All rights reserved. Member FINRA and SIPC. SEC Registered Investment Adviser.

As a member of the Securities Investor Protection Corporation (SIPC), funds are available to meet customer claims up to a ceiling of $500,000, including a maximum of
$250,000 for cash claims. For additional information regarding SIPC coverage, including a brochure, please contact SIPC at (202) 371-8300 or visit www.sipc.org

Our clearing firm, Penson Financial, has purchased an additional insurance policy through a group of London Underwriters (with Lloyd's of London Syndicates as the Lead Underwriter) to supplement SIPC protection. This additional insurance policy becomes available to customers in the event that SIPC limits are exhausted and provides protection for securities and cash up to an aggregate of $600 million. This is provided to pay amounts in addition to those returned in a SIPC liquidation. This additional insurance policy is limited to a combined return to any customer from a Trustee, SIPC and London Underwriters of $150 million, including cash of up to $2.15 million. Similar to SIPC protection, this additional insurance does not protect against a loss in the market value of securities.

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