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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Wallace Rivers who wrote (28987)11/15/2007 1:24:09 PM
From: Grommit  Read Replies (1) | Respond to of 78763
 
yep - it is on their website. My account is already in process to schwab. It looks like I may move most of it back to Etrade after things settle down.

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ADDITIONAL BROKERAGE PROTECTION FOR TRADING

$150 MILLION ADDITIONAL PROTECTION PER BROKERAGE ACCOUNT

UNDERWRITTEN BY LONDON INSURERS

E*TRADE Clearing LLC has purchased from London insurers additional protection, commonly referred to as "excess SIPC," with an aggregate limit of $600 million to pay amounts in addition to those returned in a SIPC liquidation, provided that (1) the combined return from the Trustee distributions, SIPC, and London to any customer does not exceed $150 million, and (2) as a sub-limit, return of cash to any customer by London does not exceed $900,000.