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Topics: Security & Privacy
How is my Brokerage account protected?
Motif Investing is a Member of SIPC, which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). Explanatory brochure available upon request or at www.sipc.org .
Our clearing firm Pershing LLC 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 $1 billion. This is provided to pay amounts in addition to those returned in a SIPC liquidation. This includes up to $1.9 million to any one customer in respective cash. Similar to SIPC protection, this additional insurance does not protect against a loss in the market value of securities.