Excess Account Protection

The Securities Investor Protection Corporation (SIPC®) provides account protection up to $500,000 in value, including $100,000 in cash awaiting reinvestment. SIPC provides protection for brokerage firms against losses should a SIPC member firm fail financially and become unable to meet obligations of its securities clients. More information about the protection of account assets through SIPC is available at www.sipc.org. Pershing and Bolton Global are SIPC member firms.

For additional security, Pershing provides coverage in excess of SIPC limits through Lloyd’s of London for assets held in custody up to an aggregate limit of $1 billion, of which $1.9 million may cover cash awaiting reinvestment at the individual account level.

Since 1939, Pershing has been a leading provider of financial business solutions focused on the segregation, safekeeping, servicing, and reporting of client assets in their custody. Please refer to Pershing’s Statement of Financial Condition for additional information.

BNY Research and Commentary

Related Articles

Global Markets

Global Credit View: Is The Credit Cycle Over?

The combination of healthy fundamental underpinnings and positive primary market trends point to the persistence of the current high yield credit cycle.

Read More: Global Credit View: Is The Credit Cycle Over?
Market Commentary

The Aerial View

Out of all the warnings to emerge from senior finance officials over the past month that market participants might be misplacing risk, those by Bank of Japan (BOJ) Governor Haruhiko Kuroda just over a week ago were arguably the most...

Read More: The Aerial View
Investment Insight

Investment Update: The Increasing Attractiveness of International Equities

Jeff Mortimer’s Investment Update: A little competition is healthy, right? As an avid golfer, I always enjoy watching the Presidents Cup, a golf competition that pits the best international players against an all-star U.S. team. The level of talent always...

Read More: Investment Update: The Increasing Attractiveness of International Equities
Asset Allocation

Bond Market Observations: Epitaph For A Trade

To cut to the chase, after looking into all the moving parts of our economic outlook and assessment of fixed-income valuations (and revising more than a few) this month, we retain our core advice to prudent investors. Maintain a relatively...

Read More: Bond Market Observations: Epitaph For A Trade
Economic Insight

Liquidity Reimagined

It is no secret that the hunt for yield over the past decade or so has driven many investors into higher-risk areas of the credit market, such as high yield and emerging market debt. We believe that one of the...

Read More: Liquidity Reimagined