Firstly, talk about the basicconcept and characteristicofclassicalinsurance, secondly we discussedthedeterminationofoptimalretentioninexcess-loss reinsurance.
The custodians are all regulated by the SEC and FINRA, audited by a nationally recognized accounting firm, and each account is protected for lossof securities by a combination of SIPC insurance and commercial excess Securities Investor Protection Corporation (SIPC).