How are my accounts protected?
As a member of the Securities Investor Protection Corporation (SIPC), your funds are available to meet up your withdrawal during a complete trade period. For additional information regarding SIPC coverage, including a brochure, please contact SIPC
Our financial firm, TTEH department & Turbo transact, has also purchased an additional insurance policy through a group of London Underwriters (with Lloyd's of London Syndicates as the Lead Underwriter) to provide more protection. This policy becomes available to customers in the event that SIPC limits are exhausted and provides protection for securities and funds up to an aggregate of $150 million. This insurance is provided to pay amounts in trade losses if any occur during market crisis . It’s limited to a combined return to any customer from a Trustee, SIPC and London Underwriters of $37.5 million, including cash of up to $900,000. Like SIPC protection, it doesn’t protect against a loss in the market value of account holdings due to the disobedience of a client towards the advice recommended to him/her by their assigned account manager
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