Securities Investor Protection Corporation

Securities Investor Protection Corporation

Securities Investor Protection Corporation

Overview
Date Founded

1970

Headquarters

1667 K Street NW,Suite 1000,Washington, DC 20006-1620

Employees (Worldwide)

39

Industries

Other Insurance Services
Insurance Brokerage

Company Description

The Securities Investor Protection Corporation either acts as trustee or works with an independent court-appointed trustee in a missing asset case to recover funds. The statute that created SIPC provides that customers of a failed brokerage firm receive all non-negotiable securities that are already registered in their names or in the process of being registered.Recovered funds are used to replenish SIPC's reserve in the event that the reserve is tapped in the early stages of a liquidation proceeding.

Contact Data
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Executives & Employees

President & Chief Executive Officer

General Counsel & Secretary

Vice President, Operations

Assistant Vice President, Information Technology

Assistant Vice President, Operations

Risk Manager

Senior Examiner

Senior Associate General Counsel-Litigation

Senior Associate General Counsel for Dispute Resolution

Vice Chairman

Board of Directors

Chief Executive Officer at StoneHedge Global Partners

Former Senior Vice President & General Counsel, Insurance & Wealth Management Division at Genworth Financial, Inc.

President & Chief Operating Officer at Zygood LLC

Member, Board of Directors at Securities Investor Protection Corporation

Professional at Fonar Corp.

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Securities Investor Protection Corporation
Advisors & Consultants
Legal Advisor

Kirkland & Ellis LLP provides legal services. The company counsels clients in complex litigation, corporate and tax, intellectual property and restructuring matters. The company was founded in 1909 and is headquartered in Chicago, IL.

Legal Advisor

Covington & Burling LLP provides legal consulting services. They represent clients in litigation, white collar defense, transactional, governmental affairs, international, life sciences and other matters. The firm offers legal services related to intellectual property, international trade, mergers & acquisitions and tax practices. The company was founded by J. Harry Covington and Edward B. Burling on January 1, 1919 and is headquartered in Washington, DC.

Auditor

Grant Thornton LLP provides accounting, tax and business consulting services. It offers advisory, business consulting, business risk, enterprise technology and innovation, transaction services, data analytics, cyber risk, and data integrity services. The firm serves the construction, real estate and hospitality, consumer and industrial products, energy, financial services, health care and life sciences, not for profit organizations, private equity, public sector, and technology industries. The company was founded in 1924 and is headquartered in Chicago, IL.

Legal Advisor

Chair, Bankruptcy & Business Reorganizations Practice at Foley & Lardner LLP

Legal Advisor

Partner at Kirkland & Ellis LLP

Legal Advisor

Partner at Faegre Baker Daniels LLP

Key Stats and Financials As of 2016
Market Capitalization
Total Enterprise Value
Earnings Per Share
Revenue
$487M
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