SIFMA submitted an Amicus “Friend of the Court” Brief

Court:
U.S. Court of Appeals

(D.C. Circuit)

Amicus Issue:

Whether SIPC should provide expansive and unprecedented financial guarantees for investors who purchased CDs issued by an offshore bank in Antigua, or whether SIPC’s Congressionally mandated responsibilities are appropriately limited to reimbursing customers of failed brokerages for any securities or cash that are missing from their brokerage accounts.   

Counsel of Record:
Cleary
Gottlieb Steen & Hamilton
Thomas
J. Moloney
David
Aman
David
Y. Livshiz
Darryl
G. Stein
Sarah
E. Edwards
Other Amici:
None