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- Securities Investor Protection Corporation
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- Tax Relief for Fraud Victims
- If any of your money disappeared down the rathole known as Bernie Madoff or any of the similar Ponzi operations that came to light last year, the Internal Revenue Service offers you some relief, if not much sympathy. How financial victims can get the tax breaks they deserve... If...
- Articles 2009-03-05
- Madoff Victims: What Will They Get Back?
- Defrauded investors are on a mission to recover some of their $65 billion in phantom funds. At least they'll get a tax break. Bernard Madoff ...
- Articles 2009-07-24
Additional Resources
- Securities Investor Protection Corporation (SIPC) Gets Three New Board Members Approved by U.S. Senate
- To: BUSINESS EDITORSContact: Ailis Aaron Wolf of The Hastings Group, +1-703-276-3265, aaaron@hastingsgroup.com, for SIPC WASHINGTON, Aug. 7 /PRNewswire-USNewswire/ -- Three individuals -- William H. Heyman, William S. Jasien and Mark S. Shelton -- have been nominated by the President and confirmed by the U.S. Senate to serve as the newest...
- Research articles 2007-08-07
- NASAA, SIPC Offer Answers to Investors Concerned About the Safety of Their Brokerage Accounts
- To: NATIONAL EDITORS Contact: Bob Webster, Director of Communications, NASAA, +1-202- 737-0900; or Ailis Aaron Wolf, for SIPC, +1-703-276-3265 WASHINGTON, March 25 /PRNewswire-USNewswire/ -- In the wake of recent turbulence in the financial markets, the North American Securities Administrators Association NASAA today joined with the Securities Industry Protection Corporation...
- Research articles 2008-03-25
- SIPC APPOINTS NEW CEO, DEPUTY CEO
- According to "Oman Observer", the Board of Directors of Sohar Industrial Port Company SAOC SIPC has decided to appoint Jan H Meijer as Chief Executive Officer CEO, and Jamal Tawfiq Aziz as Deputy CEO of SIPC. The present CEO, C Bert Kruk, will step down to take up the position...
- Research articles 2003-08-21
- OMAN: SIPC APPOINTS NEW CEO, DEPUTY CEO.(Sohar Industrial Port Company)(Brief Article)
- According to oOman Observero, the Board of Directors of Sohar Industrial Port Company SAOC SIPC has decided to appoint Jan H Meijer as Chief Executive Officer CEO, and Jamal Tawfiq Aziz as Deputy CEO of SIPC. The present CEO, C Bert Kruk, will step down to take...
- Research articles 2003-08-21
- Private Company Marketplace , a Member of FINRA and SIPC, Announced Today the Opening of Its Internet Based, Centralized Global Financial Information Network Serving Private Companies and the Accredited Investor Community
- NEW YORK -- Private Company Marketplace PCM, a member of the Financial Industry Regulatory Authority FINRA and a member of the Securities Investor Protection Corporation SIPC announces the opening of its internet based, centralized global financial information network designed to serve growing private companies and the Accredited Investor community. PCM...
- Research articles 2008-03-27
- Failure of MJK Clearing: Case Study
- This case study pertains to SIPC's concerns related to the liquidation of MJK, a broker-dealer in Minneapolis. MJK cleared for 65 introducing broker-dealers and had approximately 175,000 customer accounts. At the time of this study, the liquidation has cost SIPC approximately $110 million. In its Request for Proposal, SIPC requested...
- Case studies 2003-04-15
- Securities Investor Protection Corporation, Korea Deposit Insurance Corporation to Cooperate in Cross-Border Brokerage Insolvency, Liquidation Cases
- To: NATIONAL EDITORSContact: Ailis Aaron Wolf , +1-703-276-3265, aaaron@hastingsgroup.com, for SIPC WASHINGTON,Oct.29/PRNewswire-USNewswire/ --The Securities Investor Protection Corporation SIPC and the Korea Deposit Insurance Corporation KDIC have entered into a memorandum of understanding MOU covering cross-border cases involving brokerage firm insolvencies and liquidations in which the customers are protected by SIPC...
- Research articles 2007-10-29
- Liquidation Proceedings for New Orleans Area Brokerage Firm Undertaken by Securities Investor Protection Corporation
- To: NATIONAL EDITORS Contact: Ailis Aaron Wolf for SIPC, +1-703-276-3265, aaaron@hastingsgroup.com SIPC Appointed By Court to Act as Trustee; Investor Losses Could Reach $2 Million. WASHINGTON, March 5 /PRNewswire-USNewswire/--The Securities Investor Protection Corporation SIPC, which maintains a special reserve fund authorized by Congress to help investors at failed brokerage...
- Research articles 2008-03-05
- Madoff liquidation trustee receives $28-million for costs
- NEW YORK — A U.S. Bankruptcy Court judge on Tuesday approved the transfer of $28.1-million (U.S.) to cover expenses tied to the liquidation of Bernard Madoff's investment firm. Mr. Madoff is accused of running an elaborate Ponzi scheme that duped investors ranging from individuals to charities to large banks out...
- News items 2009-08-07
- SEC to be grilled on Madoff scandal
- WASHINGTON — The Securities and Exchange Commission heard rumblings about Wall Street money manager Bernard Madoff's investment methods nearly a decade ago. Now a House panel wants to know how, despite those warnings, Mr. Madoff continued to operate without an agency investigation. The Financial Services Committee will question the SEC's...
- News items 2009-08-07
- Rich Madoff Victim: You Should Protect Me From My Idiocy!
- Time magazine's Robert Chew, who lost a small fortune to Madoff, thinks he should be compensated for his losses. Chew has noticed that the Securities Investor Protection Corp will only pay claims by investors who lose money from fraud by firms insured by the SIPC. Those firms happen to be...
- News items 2009-08-07
- Simply Interactive PC: easy as ABC. (personal computer hardware from Microsoft Corp.)(Brief Article)
- SAN, JOSE, Cal.--Microsoft Corp. chairman and chief executive Bill Gates unveiled the Simply Interactive PC SIPC hardware technologies for Windows operating system-based PCs. SAN, JOSE, Cal.--Microsoft Corp. chairman and chief executive Bill Gates unveiled the Simply Interactive PC SIPC hardware technologies for Windows operating...
- Research articles 1996-04-08
- Eisner Bailout Could Cost $3 Million. (Wages of Fraud).(Eisner Securities)(Brief Article)
- INVESTORS CAUGHT in the downfall of brokerage firm Eisner Securities are one step closer to getting their money back. The Securities Investor Protection Corporation SIPC recently sent out 23,000 claim forms to former clients of the St. Louis firm, which collapsed earlier this...
- Research articles 2002-01-01
- Securities Investor Protection: Update on Matters Related to the Securities Investor Protection Corporation.
- GAO-03-811 July 11, 2003 As result of ongoing concerns about the adequacy of disclosures provided to investors about the Securities Investor Protection Corporation SIPC and investors' responsibilities to protect their investments, GAO issued a report in 2001 entitled Securities Investor Protection: Steps Needed to Better Disclose SIPC Policies...
- Research articles 2003-09-01
- The Miami Herald Promotions Column.
- The Miami Herald Knight Ridder/Tribune Business News Nov. 14--The U.S. Senate has confirmed Armando J. Bucelo Jr., a Miami attorney and former Freddie Mac director, to serve as a director of the Securities Investor Protection Corp. SIPC. He is a...
- Research articles 2002-11-14
- /C O R R E C T I O N -- Securities Investor Protection Corporation and North American Securities Administrators Association, both in Washington, D.C./
- To: NATIONAL EDITORS Contact: Bob Webster, Director of Communications, NASAA, +1-202- 737-0900; or Ailis Aaron Wolf, for SIPC, +1-703-276-3265 In the news release, NASAA, SIPC Offer Answers to Investors Concerned About the Safety of Their Brokerage Accounts, issued 25- Mar-2008 by Securities Investor Protection Corporation and North American Securities...
- Research articles 2008-03-25
- Charles Schwab Bank's High Yield Investor Checking Celebrates First Birthday
- Young Investor Gateway Product Garners Over 175,000 New Accounts; Leads to Shift in Schwab New-to-Firm Client Mix: 95 Percent Increase in Younger Investors Charles Schwab & Co., Inc.:[TABLE OMITTED] Important Disclosures Brokerage Products: Not FDIC Insured # No Bank Guarantee # May Lose Value Brokerage...
- Research articles 2008-05-21
- Schwab Declares Regular Quarterly Dividend
- Business Editors SAN FRANCISCO--BUSINESS WIRE--Oct. 25, 2001 The Board of Directors of The Charles Schwab Corporation at its meeting today declared a regular quarterly cash dividend of $0.011 per common share. The dividend is payable November 23, 2001 to stockholders of record November 9, 2001. The Charles...
- Research articles 2001-10-25
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