All assets that the Member is holding for you should be disclosed on the monthly (or quarterly) client account statement it provides to you.
If the CIPF Member you are dealing with becomes insolvent, you will be asked to:
- Review your most recent account statement issued by the insolvent Member
- File a proof of claim if your assets did not get returned to you.
To be eligible for CIPF protection, the proof of claim must be filed within 180 days of the date of insolvency.
For more information, please refer to the CIPF Coverage Policy.