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About Us
About Us
The SIPC logo means your assets are protected under the Securities Investor Protection Act (SIPA).
We are a non-profit corporation that has been protecting investors for 50 years. We work to restore investors’ cash and securities when their brokerage firm fails. SIPC has recovered billions of dollars for investors. -
Cases & Claims
Cases & Claims
Steps SIPC takes to recover customer assets when a brokerage firm fails financially.
Find claim forms and deadlines for open cases here.SIPC has restored billions of dollars for investors. -
Investors
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").
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Member Firms
Member Firms
Member Filing Requirements
Questions about filing requirements? Call the membership department at (202) 371-8300 or contact us.
Portal Information
Information about the SIPC broker-dealer portal.
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News & Media
News & Media
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Resources
Resources
- Contact Us
WASHINGTON, DC – November 13, 2014 – John E. Mendez has been nominated by President Barack Obama to serve as the newest chairman of the Board of the Securities Investor Protection Corporation (SIPC), which maintains a special reserve fund authorized by Congress to help investors at failed brokerage firms.
Mendez is a partner practicing in the New York and Los Angeles offices of Latham & Watkins.
Mark Kaufman, counselor to the deputy secretary at U.S. Department of the Treasury, was also named to the SIPC Board in September 2014. His nomination does not require confirmation by the U.S. Senate. Leslie E. Bains, a managing director at Citi Private Bank, was also nominated by President Obama in July 2013 to replace outgoing SIPC board member William S. Jasien. Bains’ nomination is still awaiting action on the Senate floor.
SIPC President Stephen Harbeck said: "We are pleased to be joined in our work by such an exceptional new Board chair. John Mendez’ broad financial experience in both the United States and internationally will serve the SIPC Board and U.S. investors well. We look forward to a speedy confirmation by the Senate so we can continue our work with a full Board once a vice chair is also nominated and confirmed."
Mendez has a wide range of financing experience in both US and international transactions. In the US, he has worked with diverse financial institutions, including commercial and investment banks, insurance companies, private funds and pension funds. Mendez also has represented borrowers, sponsors and issuers on various debt and equity financings. In the international arena, Mendez has worked with banks, institutional investors and financing issuers.
Once confirmed, the new SIPC chair will replace Acting Chair Sharon Bowen, who stepped down in June.