HOW CLIENT ASSETS ARE PROTECTED AT （如何保护客户资产在）.pdf

HOW CLIENT ASSETS ARE PROTECTED AT SCHWAB “At Schwab, we are dedicated to the principles of safety and soundness. They form the heart of our relationship with our clients.” — Charles R. Schwab Chairman The measures we take to protect client assets Schwab is committed to staying financially strong, and we have confidence in our ongoing financial health. We run our business with a sound capital structure and position our company for long-term strength and stability. We take appropriate actions to help give our clients peace of mind about the security of their accounts. Keeping client securities separate from arrange to have customer accounts transferred to broker-dealer securities another brokerage firm. Customers then have the Client securities—such as stocks and bonds that option of staying at the new firm or moving to another firm of their choosing. are fully paid for or excess margin securities— are segregated from broker-dealer securities, in • If customer assets are unaccounted for due to compliance with the SEC’s Customer Protection recordkeeping errors or misappropriation, Rule. This is a legal requirement for all broker- customers are reimbursed by the assigned dealers. trustee or SIPC up to $500,000 per customer for all accounts held in the same capacity, including In the unlikely event of inso