Dominick & Dominick LLC, which was founded in 1870, is a
member of the Financial Industry Regulatory Authority (FINRA). See www.finra.org for
more information about FINRA.
Dominick & Dominick LLC is a member of SIPC, which provides
$500,000 of net equity protection (including $100,000 for claims for cash
awaiting reinvestment). See www.sipc.org for
more information about SIPC.
Dominick & Dominick LLC’s clearing firm, Pershing LLC.,
provides additional protection (excess SIPC) for the net equity of clients’
securities positions at Dominick & Dominick LLC through Customer Asset
Protection Company (CAPCO), a licensed New York insurer. Net equity refers to
the value of clients’ securities, plus cash minus anything that may be owed,
such as a margin loan.
Account protection applies when a SIPC member firm fails
financially and is unable to meet obligations to securities clients, but it
does not protect against losses from the rise and fall in the market value of
investments and does not cover all assets.
If you have any questions, your Dominick & Dominick
Financial Advisor will be happy to answer them.
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