The Industry Standard: Intelligence for the Information Economy

  September 5, 2001
  NEWS & ANALYSIS
   Headlines
   Money & Markets
   Tech & Telecom
   Media & Marketing
   Metrics & Stats
   Policy & Politics
  SEARCH
   
  advanced search
  SERVICES
   Company Index
   Newsletters
   Wireless
  PRINT EDITION
   Read the Magazine

Home > Company Index > Insurance > Surety, Title & Miscellaneous Insurance > Securities Investor Protection Corporation

Securities Investor Protection Corporation
 PROFILE
Securities Investor Protection Corporation (SIPC) is an industry-financed insurance plan designed to protect clients of most broker-dealers registered with the Securities and Exchange Commission. SIPC insures customers' securities -- up to $500,000 per account -- against losses due to the financial failure of brokerage firms. Losses caused by fluctuations in market value are not protected. A not-for-profit membership corporation, SIPC was mandated by the Securities Investor Protection Act. Its seven-member board is appointed by the US president, the secretary of the Treasury, and the Federal Reserve Board. Assessments from SIPC members and investments in US government securities provide money for the SIPC Fund.

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 73.50
1-Yr. Sales Growth: 1.3%
Employees: 29
Revenue per employee: $2,534,482.76

 KEY PEOPLE
• Michael E. Don
    CEO
• Philip W. Carduck
    CFO

 CONTACT INFO
805 15th St. NW, Ste. 800
Washington, DC 20005
US
Phone: 202-371-8300
Fax: 202-371-6728
Online: Web Site

Company Data   News, quotes & more       

Hoovers Online   Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.


ADVERTISEMENT
FEATURED LINKS
Home |  Customer Service |  About Us
Australia |  Brazil |  China |  Korea |  Norway |  Poland |  Sweden |  Taiwan

Copyright ©2001 Standard Media International. Privacy Policy
Stock data provided by Stockpoint and its data suppliers. Copyright © 1995-2001