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