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Copyright ©
1997 - 2004
. All Rights Reserved. Click here for terms of use. Johnston, Lemon & Co. Incorporated is a
registered broker-dealer and a member of the New York Stock Exchange (NYSE), Financial Industry Regulatory Authority (FINRA), the Securities Investor Protection Corporation
(SIPC) and the Securities Industry Association (SIA).
Securities held in custody by Pershing for your Johnston, Lemon account are
protected up to the total amount held in the account. Of this total, the Securities
Investors Protection Corporation (SIPC) provides $500,000 of coverage, including $100,000
for claims for cash. The remaining coverage, on securities only, is provided by
Pershing through a commercial insurer. The account protection applies when a SIPC
member firm fails financially and is unable to meet obligations to securities
customers, but it does not protect against losses from the rise and fall in the
market value of investments.
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