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Securities Investor Protection Corporation (SIPC)

A nonprofit corporation that insures customers' securities and cash held by member brokerage firms against the failure of those firms.

Securities Investor Protection Corporation

A not-for-profit organization mandated under American law to insure investors against the potential bankruptcy of a broker-dealer. If a broker or dealer goes bankrupt after a client has entrusted it with cash or securities, the SIPC will compensate the client up to $500,000 (or $100,000 if the client is owed only cash). All brokers, dealers, and exchanges registered with the SEC are required to be members of the SIPC and fund its activities. It is important to note that the SIPC does not insure against losses by investors, only against the possibility of a broker-dealer being unable to conduct a transaction because of bankruptcy.


Securities Investor Protection Corporation (SIPC).

The Securities Investor Protection Corporation (SIPC) is a nonprofit corporation created by Congress to insure investors against losses caused by the failure of a brokerage firm.

Through SIPC, assets in your brokerage account are insured up to $500,000, including up to $100,000 in cash, but only against losses that result from the brokerage firm going bankrupt, not against market losses caused by trading decisions or other causes.

All brokers and dealers must register with the Securities and Exchange Commission (SEC) and are required to be SIPC members though they can lose their affiliation under certain circumstances. Clients of nonmember firms are not insured.

References in periodicals archive ?
The Win32 Driver Model is a core technology for Microsoft's Simply Interactive PC (SIPC), unveiled here today to leading PC hardware engineers and executives attending the Windows(R) Hardware Engineering Conference (WinHEC 96).
This alliance is another step toward Microsoft's Simply Interactive PC vision to make the PC platform a center of entertainment, providing the ease of use and convenience of a consumer appliance.
Also here today at WinHEC 96, Microsoft announced other key technologies for the Simply Interactive PC (SIPC), including the OnNow design initiative for systemwide power management and the Win32(R) Driver Model for more powerful integration of PCs and peripheral devices.
The product, slated for production in early 1998, also will support Microsoft's Simply Interactive PC (SIPC) platform and the Device Bay Initiative.
OnNow is Key Component of Microsoft's Simply Interactive PC Vision;
CompCore, as one of the leaders in software decoding, will be able to provide excellent solutions that support the Simply Interactive PC (SIPC) initiative.
USB is a critical step in the evolution of the Simply Interactive PC.
Digital high-fidelity audio quality and USB peripherals are important steps toward evolving the PC forward around the Simply Interactive PC vision.
Along with the addition of the Fast IR functions, these two devices provide the industry's most extensive support for sophisticated Instant-On features required in the Simply Interactive PC strategy being proposed by Microsoft.