id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
cblr-7218	Mok, Mariel	Who Determines Customer Property	2020	57	.pdf	application/pdf	20596	961	55	302 Note that although the Proposed Rules allow a claimant to seek de novo judicial review of any claim that is disallowed by the FDIC, there is no such standing for SIPC to challenge FDIC determinations, even if they over- rule SIPC’s own determinations. The $500,000 protection applies to any deficiencies (i) after the return of customer name securities, and (ii) after there is a pro rata distribution of customer property.62 Finally, if the funds from fee assessments become inadequate, SIPA authorizes the SIPC to borrow from the United States Treas- ury.63 The SIPC covers most types of securities held in client accounts, including domestic and foreign stocks, bonds, notes, and certificates of deposit.64 If there are insufficient securities 55 Under SIPA, all claims must be filed with the trustee, who is charged with determining customer claims in writing.	cache/cblr-7218.pdf	txt/cblr-7218.txt
