Securities Information Center


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Securities Information Center

A branch of the SEC responsible for lost, stolen, and counterfeit securities. An investor who has lost securities or has had them stolen is required to report the incident to the Securities Information Center. The same applies to an investor who discovers counterfeit securities. It was established in 1977.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

Securities Information Center (SIC)

An organization established in 1977 to operate the Securities and Exchange Commission's Lost and Stolen Securities Program. Securities that are missing, stolen, lost, or counterfeit must be reported to the SIC, which maintains a database of lost and stolen securities. Investors who either have lost securities or have had securities stolen are normally required to purchase a surety or indemnity bond before a replacement security is reissued.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
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