Securities Investor Protection Corporation

The Securities Investor Protection Corporation is a federally mandated, non-profit, member-funded, United States corporation created under the Securities Investor Protection Act of 1970 that mandates membership of most US-registered... Wikipedia

  • Abbreviation:  SIPC
  • Tax ID no.:  52-0910763
  • Legal status:  501(c)(6) membership corporation
  • Purpose:  To work to return customers' cash, stock, other securities, and other property when a brokerage firm is closed due to bankruptcy or other financial difficulties and customer assets are missing.
  • Headquarters:  1667 K Street NW, Suite 1000, Washington, D.C. 20006, United States
  • President:  William S. Jasien
  • General Counsel, Secretary:  Josephine Wang
  • Vice President - Finance:  Charles E. Glover
  • Vice President - Operations:  Karen L. Saperstein
  • Revenue (2017):  $335,525,137
  • Expenses (2017):  $67,218,040
  • Data Source:  DuckDuckGo