Security and insurance

Lightspeed Financial Services Group LLC brings you the latest in authentication technology. Our 2-step verification adds an extra layer of protection to your account settings and fund transfers by sending one-time-use passcodes to your mobile device.

Wedbush provides excess Securities Investor Protection Corporation (“SIPC”) coverage for each client account carried by Wedbush on behalf of Lightspeed Financial Services Group LLC. Each account is covered up to $25,500,000 at no charge. SIPC provides coverage up to $500,000, of which a maximum of $250,000 applies to cash credit balances. In addition to the SIPC coverage, Wedbush has purchased from Lloyd’s of London an excess SIPC bond that provides additional coverage for up to $25,000,000 in cash and securities for each client account, subject to an aggregate loss limit of $100,000,000. This bond covers cash credit balances to a maximum of $900,000 for a total of $1,150,000 in cash balances.

Neither SIPC coverage nor the coverage of excess of that provided by SIPC covers a decline in the value of a customer’s assets due to market loss. For further information about SIPC, please view the organization’s website: www.sipc.org.