很多进行美国券商开户的朋友，对于SIPC这个保护机制应不陌生，也有很多朋有开美股账户的目的，和我一样是进行基金投资~这时候不禁会想到一个问题，就是SIPC是否保障美国券商户头的基金部位？是否一视同仁，对外国人的股票资产也进行保护？

我也曾想过这两个问题，并写信问了SIPC，附上我的信件与SIPC回函给大家参考：

我的信件:

From your Website I know cash and securities are covered. If I invest in open-end mutual funds, are these investments also qualified for protection when the broker has financial difficulties?

I’m in the midst of construction my portfolio and am close to transferring money to a US brokerage until I read somewhere on the Net that non-US companies are not protected – it’s alluded that non-US individuals aren’t protected as well.

I tried looking for this specific exclusion on SIPC’s website but couldn’t find it. In fact, in this page, it didn’t say anything about foreign investors:

4. Who is not eligible for SIPC protections?

Most customers with cash and securities missing from customer accounts are eligible for SIPC assistance. However, SIPC’s funds may not be used to pay claims of any failed brokerage firm customer who also is:

– A general partner, officer, or director of the firm.
– The beneficial owner of five percent or more of any class of equity security of the firm (other than certain nonconvertible preferred stocks).
– A limited partner with a participation of five percent or more in the net assets or net profits of the firm.
– Someone with the power to exercise a controlling influence over the management or policies of the firm.
– A broker or dealer or bank acting for itself rather than for its own customer or customers.

Does that mean that non-US investors are protected? Does anyone know for sure?

相关资讯 – 在中国大陆如何买入或做空美股：

其实身处国内的投资者不出国也能在网上开户做空或买入美股、ETF（纽交所、纳斯达克或OTCBB、粉单市场上的股票），只要找能开国际账户的美国本土网上券商开立账户就可以（当然，这家网上券商必须是参加SIPC强制保险的，因为美国政府规定全部券商都必须是SIPC会员），具体开户步骤可参考这里：www.e-investingguide.com/openaccount

SIPC回函:

Money market funds and mutual funds are considered securities for purposes of the Securities Investor Protection Act and are subject to the $500,000 limit. In a liquidation proceeding under the Securities Investor Protection Act, SIPC will return the appropriate number of shares to you. It is important to note that SIPC does not assure you that the shares will not lose value, and SIPC does not protect you against market losses in the value of your shares.

There is no requirement that a customer having an account with a member broker-dealer of SIPC reside in or be a citizen of the United States. As long as you are dealing with a broker-dealer that is a member of SIPC your account is covered exactly like the account of a resident or citizen of the United States. In a liquidation proceeding under the Securities Investor Protection Act, SIPC may advance up to $500,000 per customer account (including a $250,000 limit on cash in the account).

从SIPC的回信可知：

透过券商投资基金也在保障范围之内，外国人的资产也受SIPC保护。