Banorte-Ixe Securities does not maintain the assets in your investment account under direct, physical custody. Rather, custodial and settlement services are provided by Apex Clearing Corporation.
Banorte-Ixe Securities is member of the Securities Investor Protection Corporation (SIPC).The SIPC provides coverage in the unlikely event of Broker-Dealer bankruptcy or fraud for up to 500,000 dollars in assets and cash, with a maximum of 250,000 dollars in cash.
You may obtain information about SIPC, including The SIPC brochure, by contacting SIPC at (202) 371-8300 or on the SIPC website www.sipc.org.
Your assets are only covered in the case of fraud or bankruptcy of the Broker-Dealer. They are not covered against market risk.