eOption is a division of Regal Securities, Inc., a member of the Securities Investor Protection Corporation (SIPC). Your account assets are covered by the SIPC, which protects customers of its members up to $500,000, with a limitation of $250,000 on claims for cash balances. Additionally, our clearing firm, Hilltop Securities, Inc. "HTS" has purchased Excess SIPC Insurance which covers the net equity of customers' accounts up to an aggregate of $150 million from underwriting syndicate at Lloyd's of London.
The customer securities component, which restricts coverage with respect of any one customer, is a maximum of $25,000,000 with the aggregate covereage of cash set at $900,000. SIPC and Excess SIPC covers accounts of the member firm in the event of a member's bankrupcy and insolvency. Coverage does not apply to losses due to market flucuation or any decline in market value of your securities. For additional information regarding SIPC covereage, including a brochure, please contact SIPC at (202) 371-8300 or visit www.sipc.org