Account Protection
Account Protection: Securities in accounts carried by National Financial Services LLC ("NFS"), a Fidelity Investments company, are protected in accordance with the Securities Investor Protection Corporation (SIPC) up to $500,000 (including cash claims limited to $100,000). For details, please see www.sipc.org.
NFS has arranged for additional excess SIPC protection from both CAPCO and Lloyd's of London for cash and covered securities to supplement its SIPC coverage. Niether SIPC nor excess SIPC coverage protects against a decline in the market value of securities. The CAPCO and Lloyd's of London coverage is only utilized when SIPC coverage is exhausted.
Note: Certain assets are not eligible for SIPC protection. Among the assets typically not eligible for SIPC protection are commodity futures contracts, currency, and precious metals, as well as investment contracts (such as limited partnerships) and fixed annuity contracts that are not registered with the U.S. Securities and Exchange Commission under the Securities Act of 1933.
If you have a question regarding account protection you can call your broker, call the main office at 516-622-3100 or use the "contact us" link above to send an e-mail.
Morgan Wilshire
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