TD Ameritrade is committed to delivering their clients one of the highest levels of security in the industry — at no cost to you. That means they will reimburse you for the cash or shares of securities from your account that are lost as a result of unauthorized activity. TD Ameritrade promises you this protection, which adds to the provisions that already govern your account, in case unauthorized activity ever occurs and we determine it was through no fault of your own. Unauthorized activity does not include actions or transactions undertaken by or at the request of you, your investment advisors or family members, or anyone else whom you have allowed access to your account or to your account information for any purpose, such as trading securities, writing checks or making withdrawals or transfers.
How does the TD Ameritrade Guarantee work?
TD Ameritrade promises this protection if you work with them in four ways:
- Keep your personal identifying information and account information secure and confidential, because sharing your UserID, password, PIN, account number or other standard means of authentication with other people means you authorize them to take action in your account.
- Keep your contact information up-to-date with TD Ameritrade, so that they can contact you in case of suspected fraud.
- Review your account frequently and your statements promptly and report any suspicious or unauthorized activity to TD Ameritrade immediately in accordance with your Client Agreement.
- Take the actions TD Ameritrade requests if your account is ever compromised and cooperate with our investigation.
If you help TD protect you in these basic ways, they will promise no fine print and no footnotes — just their commitment to protect the assets you entrust to them.
Certificates of Deposit (CDs) purchased through TD Ameritrade are issued by banks insured by the Federal Deposit Insurance Corporation (FDIC). In addition, cash in your account can be held in a TD Ameritrade FDIC Insured Deposit Account (IDA). Balances in an IDA are held at TD Bank, N.A. and/or TD Bank USA, N.A., where they are insured by the FDIC against bank failure for up to $250,000 per depositor, per bank. TD Bank, N.A. and TD Bank USA, N.A. are affiliates of TD Ameritrade.
Each bank will have separate FDIC coverage of up to $250,000 per depositor for up to $500,000 total per IDA depositor.
TD Ameritrade, Inc. is a member of the Securities Investor Protection Corporation (SIPC). Securities in your account protected up to $500,000. For details, please see www.sipc.org.
Additionally, TD Ameritrade provides each client $149.5 million worth of protection for securities and $2 million of protection for cash through supplemental coverage provided by London insurers. In the event of a brokerage insolvency, a client may receive amounts due from the trustee in bankruptcy and then SIPC. Supplemental coverage is paid out after the trustee and SIPC payouts and under such coverage each client is limited to a combined return of $152 million from a trustee, SIPC, and London insurers. The TD Ameritrade supplemental coverage has an aggregate limit of $500 million over all customers. This policy provides coverage following brokerage insolvency and does not protect against loss in market value of the securities.
If you have any questions, call your advisor or TD Ameritrade Institutional at 800-431-3500. To learn more about SIPC coverage, go to www.sipc.org. For more information about FDIC deposit insurance, visit www.fdic.gov.
This is not an offer or solicitation in any jurisdiction where we are not authorized to do business. TD Ameritrade does not monitor, and is not responsible for, communications between advisors and their clients. TD Ameritrade Institutional, Division of TD Ameritrade, Inc., member FINRA/SIPC/NFA. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank. ©2013 TD Ameritrade IP Company, Inc. All rights reserved. Used with permission. TDAI 9457 SS 07/13