Account Protection

Lombard Securities is a member of the Securities Investor Protection Corporation (SIPC) which protects securities of customers of its members up to $500,000 (including $100,000 for claims of cash). An explanatory brochure is available upon request or at SIPC.

Clients are also automatically provided, through our correspondent, with additional protection plan coverage through a group of London Underwriters (with Lloyd's of London Syndicates as the Lead Underwriter) to supplement SIPC protection. This additional protection becomes available to customers in the event that SIPC limits are exhausted and provides protection for securities and cash up to an aggregate of $600 million. This is provided to pay amounts in addition to those returned in a SIPC liquidation. This additional coverage is limited to a combined return to any customer from a Trustee, SIPC and London Underwriters of $150 million, including cash of up to $2 million.

Both SIPC and the additional coverage provide protection in the event of a member firm failure. They do not cover loss in value of any securities caused by market fluctuations. Questions about account protection can be addressed in writing to:

Lombard Securities Incorporated
Customer Service Department
1820 Lancaster Street, Baltimore, MD 21231