If you lose cash or securities from your account due to unauthorized activity, we'll reimburse
you for the cash or shares of securities you lost. We offer you this protection, which adds to
the provisions that already govern your account, in case unauthorized activity ever occurs and it
was through no fault of your own.
Lumentrades is a member of the Securities Investor Protection Corporation ("SIPC"), which
protects securities customers of its members up to $500,000 (including $250,000 for claims for
cash). Explanatory brochure is available on request at www.sipc.com.
Additionally, Lumentrades provides each client $149.5 million worth of protection for
securities and $2 million of protection for cash through supplemental coverage provided by
insurers. In the event of a brokerage insolvency, a client may receive amounts due from the
trustee in bankruptcy and then SIPC. Supplemental coverage is paid out after the trustee and
payouts and under such coverage each client is limited to a combined return of $152 million
a trustee, SIPC and London insurers. The Lumentrades supplemental coverage has an aggregate
limit of $500 million over all customers. This policy provides coverage following brokerage
insolvency and does protect against loss in market value of securities which is only available
customers who participate in our insurance premium.