Series 28: SIPC Assessment Amounts

SIPC Assessment Amounts

The amount of each member’s assessment for the fiscal year will either be the minimum assessment or the product of SIPC’s assessment rate for that fiscal year times the member’s gross or net revenue from the securities business.

Minimum assessments are imposed when the SIPC Fund has achieved a target balance of $2.5 billion and is expected to remain at or above that level for six months or more. A minimum assessment is 0.02% of the net operating revenues from the securities business. (The term “net operating revenues from the securities business” means gross revenues from the firm mi