But SIPC had no answer as to when funds for clients like Georgiadis would be released.

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Those are all charges that would get kicked back if SIPC employed David Paige.

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For a complete description of their coverage, see their site, www .sipc.org.

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He said this will work only "for people who renounce any claim for reimbursement" from the bankruptcy court, the SIPC, or other potential sources.

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Note: SIPC does not protect against market value changes.

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The custodians are all regulated by the SEC and FINRA, audited by a nationally recognized accounting firm, and each account is protected for loss of securities by a combination of SIPC insurance and commercial excess Securities Investor Protection Corporation (SIPC).

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