SIPC
OverviewSuggest Edit
SIPC was created under the Securities Investor Protection Act as a non-profit membership corporation. SIPC oversees the liquidation of member broker-dealers that close when the broker-dealer is bankruptcy or in financial trouble, and customer assets are missing. In a liquidation under the Securities Investor Protection Act, SIPC and the court-appointed Trustee work to return customers' securities and cash as quickly as possible.
| Type | Private | |
| Founded | 1970 | |
| HQ | Washington, US | Map |
| Website | sipc.org | |
| Employee Ratings | More |
Recent NewsAll News
Key People/Management at SIPC
Daniel M. Covitz
Deputy Director, Federal Reserve Board, Division of Research and Statistics
W. Moses Kim
Director, U.S. Department of the Treasury Office of Financial Institutions Policy
Stephen P. Harbeck
President & CEO
Josephine Wang
General Counsel & Secretary
Charles E. Glover
Vice President - Finance
Karen L. Saperstein
Vice President - Operations
SIPC Office Locations
SIPC has an office in Washington
Washington, US (HQ)
1667 K St NW #1000
SIPC Financials and Metrics
Summary Metrics
Founding Date | 1970 |
SIPC Online and Social Media Presence
495 Twitter followers
SIPC has 495 Twitter Followers. The number of followers has increased 3.6% month over month and increased 8.5% quarter over quarter
SIPC's Trends
Twitter Engagement Stats for @sipc
103
Tweets
12
Following
495
Followers
1
Tweets last 30 days
3
Avg. likes per Tweet
100%
Tweets with engagement
SIPC News and Updates
December 14, 2018
Robinhood’s new checking and savings accounts won’t be protected by SIPC after all
Brokerage app Robinhood announced on Dec. 13 that it’s rolling out a bank-like checking and savings service that pays surprisingly high 3% interest rates. It…
December 14, 2018
SIPC Says It Has Serious Concerns About Robinhood's New Product
SIPC Says It Has Serious Concerns About Robinhood's New Product
December 14, 2018
Robinhood’s new checking and saving accounts raise concerns from SIPC
SIPC does not, in fact, insure checking and savings accounts.
Robinhood, a brokerage app popular among millennials, announced the launch of a new low-interest checking and savings product yesterday, but not everyone seems thrilled.Read Full Story
August 08, 2018
Woodbury Financial Adds Two Colorado Advisory Firms with Combined AUA of $378M
OAKDALE, Minn., Aug. 8, 2018 /PRNewswire/ -- Woodbury Financial Services, a financial services firm with more than 1,200 advisors across the country, today announced that Life Wealth Principles and National Financial Advisors have chosen to join its rapidly growing network of financial...
August 07, 2018
Full Alliance Group Announces Letter-of-Intent to Acquire New York Based FINRA and SIPC Member Investment Banking Firm
LOS ANGELES, Aug. 07, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Full Alliance Group, Inc. (OTCPK: FAGI), a holding company, today announced that the Company has entered into a non-binding Letter-of-Intent (the "LOI") to acquire a 100% interest in a New York based investment banking company (the …
August 06, 2018
Jamil French of Rainmaker Securities Discusses Private Placement Agents: What's the big deal?"
LOS ANGELES, Aug. 6, 2018 /PRNewswire/ -- A private placement agent assists market participants with the identification and vetting of non-registered or exempt securities, and coordinates the purchase and sale of those securities. These firms can also assist in the preparation and...
SIPC Frequently Asked Questions
When was SIPC founded?
SIPC was founded in 1970.
Who are SIPC key executives?
SIPC's key executives are Daniel M. Covitz, W. Moses Kim and Stephen P. Harbeck.
Who are SIPC competitors?
Competitors of SIPC include HighTower Advisors, Ig Group and Numis Securities.
Where is SIPC headquarters?
SIPC headquarters is located at 1667 K St NW #1000, Washington.
Where are SIPC offices?
SIPC has an office in Washington.
How many offices does SIPC have?
SIPC has 1 office.
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