The Investment Center, Inc. and our clearing firm (Pershing) are members of the Securities Investor Protection Corporation (SIPC), which protects most securities (excluding, for instance, those in safekeeping) in your account up to $500,000 (including up to $100,000 in cash), in the unlikely event of a SIPC liquidation.

In addition to Pershing's strength and SIPC coverage, the policy through Lloyd's of London provides excess account protection for assets held in custody with Pershing LLC and its London affiliate, Pershing Securities Limited, up to an aggregate limit of $1 billion, of which $1.9 million may cover cash awaiting reinvestment at the individual account level.  For more information about Lloyd's of London, visit their web site at www.lloyds.com.  

Accordingly, securities which are held in a cash account or which are in a margin account but are fully paid for would be distributed to you in the event of a SIPC liquidation.  Securities purchased on margin, if any, would be distributed on a pro rata basis.   Any shortfall would be reimbursed to you up to the total value as provided by SIPC.

This coverage does not protect your account from losses that result from fluctuations in the market value of your investments. FDIC rules require that you be informed that neither we nor our clearing firm is a bank and that securities offered through us are not backed or guaranteed by any bank or insured by the FDIC unless otherwise expressly indicated. Insured Income Account and Certificate of Deposit balances and interest are protected up to $100,000 per beneficial owner by the FDIC.