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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
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WASHINGTON, DC – March 24, 2015 – The Securities Investor Protection Corporation (SIPC) today praised the latest achievement of Madoff Trustee Irving H. Picard, who yesterday filed a motion in the United States Bankruptcy Court for the Southern District of New York seeking approval of a $93 million recovery agreement with Defender Limited and related entities.
Under the agreement, the trustee was able to "clawback" 100 percent of the fraudulent transfers and preference payments made to Defender, a Madoff feeder fund. The use of this recovery tool by Picard and future Securities Investor Protection Act (SIPA) trustees is now at risk under a Second Circuit Court of Appeals ruling that is the subject of petitions for certiorari by SIPC and Picard to the U.S. Supreme Court.
SIPC President Stephen Harbeck said: "This settlement is one of many recent significant additions to the Trustee's fund of 'customer property.' It shows the critical importance of the 'clawback' powers the Bankruptcy Code and the Securities Investor Protection Act provide to trustees seeking to recover fraudulent transfers. The settlement is a continuation of the Trustee's efforts to maximize the return to victims. It will make for a far more equitable distribution to those Madoff customers who have not yet received a return of all of their principal."
The total amount distributed in the Madoff liquidation proceeding to date exceeds $7.2 billion, which includes more than $823 million in committed advances from SIPC. When additional settlements awaiting distribution are taken into account, the total recovery to date in the Madoff liquidation proceeding totals $10.64 billion.