Securities Investors Protection Corporation (“SIPC”)
Newbridge Securities Corporation clears its securities transactions on a fully disclosed basis through Axos Clearing.
Axos Clearing, Member of the Securities Investor Protection Corporation – SIPC which protects securities customers of its members up to $500,000 (including up to $250,000 for claims for cash). Explanatory brochure available upon request or at www.sipc.org.
Axos Clearing’s policy through Lloyd’s of London provides additional account coverage up to $24.5 million (including up to $1,150,000 in cash) per client as defined by SIPC rules. With both SIPC and Lloyd’s of London coverage, accounts are protected up to a total of $25 million per client (as defined by SIPC rules) including up to $1,150,000 for cash balances, with an aggregate limit of $100 million.
This coverage does not protect against the loss of the market value of securities. SIPC does not protect against market risk, which is the risk inherent in a fluctuating market.