-
Investors
SIPC steps in when a brokerage firm fails financially, and assets are missing from customer accounts.
SIPC protects customer assets when a SIPC-member brokerage firm fails financially.
Understand how SIPC protection works if you have multiple accounts.SIPC has recovered billions of dollars for investors. Our job is to recover missing cash or securities if your brokerage firm has gone out of business. SIPC does not protect digital asset securities that are investment contracts that are not registered with the U.S. Securities and Exchange Commission, even if held by a SIPC member brokerage firm.
SIPC has issued Investor Bulletins explaining SIPC’s protection and claims process. Click here for Part I ("SIPC Basics"). Click here for Part II ("Filing a SIPC Claim").
William (Bill) Brodsky has been in the financial services industry for over 50 years. His career roles have included asset classes of stocks, options, futures, private equity and venture capital. Brodsky has worked at four major exchanges including the New York Stock Exchange (NYSE), the American Stock Exchange (AMEX), the Chicago Mercantile Exchange (CME) where he served as President and CEO from 1985-1997, and the Chicago Board Options Exchange (Cboe), where he served as CEO from 1997-2013 and Chairman from 2013-2017. In addition, he served on the boards of the Options Clearing Corporation (OCC) and the Futures Industry Association (FIA). Internationally, Brodsky was Chairman of the International Options Market Association (IOMA), and Chairman of the World Federation of Exchanges, the global body of more than sixty of the leading exchanges of the world. He also served for over ten years on The International Capital Markets Advisory Committee of the Federal Reserve Bank of New York.
Currently, Brodsky is a Trustee of Syracuse University, where he serves on the Investment and Endowment Committee. He is a life Trustee of Northwestern Medical Healthcare where he served as Chairman of the Board and Chairman of its Investment Committee for fourteen years. He is Chairman of the Board of Navy Pier, Inc., the most visited venue in Chicago and the Midwest, and is Chairman of Cedar Street Asset Management and Bosun Asset Management, both registered investor advisors.