Brill Securities was
founded in 1987 as a full-service brokerage firm with the mission to
provide clients with the best strategic investments based on timely
research and industry expertise.
Brill Securities, Inc. is registered as a broker-dealer with the Securities and
Exchange Commission. Brill Securities accounts are cleared through Bear,
Stearns Securities Corp., an investment bank founded in 1923 and
headquartered in New York.
Through our affiliation with Bear, Stearns, our clients are assured the
highest level of protection while receiving personalized attention.
Securities carried in all accounts at Brill, are protected by Securities Investors Protection Corp. (SIPC),
for amounts up to $500,000 (including up to $100,000 in cash).
In addition to the coverage provided by SIPC, BSSC has obtained a surety bond (the "Excess SIPC Bond"). The Excess SIPC Bond covers the amount of each Customer's claim for securities and cash not satisfied by distributions of Customer Property and SIPC advances. The Excess SIPC Bond is issued by CAPCO, which enjoys a Financial Strength Rating of A+ from Standard & Poor's with a stable outlook. Accordingly, the entire Net Equity of each of BSSC's SIPA-protected Customers is protected against the loss of cash and/or securities from its accounts in the unlikely event of a liquidation of BSSC, under SIPA. (Securities Investor Protection Act of 1970)
The coverage described above covers losses of cash or securities from Customer accounts at BSSC if it were to fail and be unable to meet its obligations to its Customers. The coverage does not cover any losses from changes in the market value of investments after a liquidation commences, from delays in the liquidation process, losses of assets not eligible for SIPC protection (such as futures, options on futures, foreign exchange transactions, commodity contracts, precious metals contracts, or any investment contracts that are not registered as securities) or losses incurred by persons that are not "Customers" under SIPA.
All trade confirmations and monthly statements are sent directly from Bear, Stearns Securities Corp.
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