EXCESS SIPC ACCOUNT COVERAGE TO $25,000,000

Member of SIPC. Securities in your account protected up to $500,000. For details, please see www.sipc.org.

We are pleased to provide excess Securities Investor Protection Corporation (“SIPC”) coverage for each client account carried by our clearing firm on behalf of correspondent broker/dealers. Each account is covered up to $25,000,000* at no charge.

Legent Clearing is a member of the Securities Investor Protection Corporation (SIPC), which provides coverage for accounts up to $500,000 (including up to $100,000 in cash) per client as defined by SIPC rules.

Legent Clearing’s policy through Lloyd’s of London provides additional account coverage up to $24.5 million (including up to $900,000 in cash) per client as defined by SIPC rules.  With both SIPC and Lloyd’s of London coverage, accounts are protected up to a total of $25 million per client (as defined by SIPC rules) including up to $1 million for cash balances.

This coverage does not protect against the loss of the market value of securities.

For more information visit http://www.sipc.org or http://www.lloyds.com

*This coverage will replace clients’ cash and/or securities that are otherwise unrecoverable. The coverage does not safeguard against a decline or loss in market value of the securities in your account.