Account Protection and SIPC

When you purchase securities through Capital One ShareBuilder, Inc., they are held at Pershing LLC, a subsidiary of The Bank of New York Mellon Corporation, which is a clearing broker for ShareBuilder.

We are pleased to announce that Pershing provides account protection for the net equity1 of your securities positions. Of that total, SIPC (Securities Investor Protection Corporation) provides $500,000 of net equity protection, including $250,000 for claims for cash awaiting reinvestment at ShareBuilder (SIPC Protection). Pershing provides the additional protection (Excess SIPC) on terms similar to SIPC through a commercial insurer.

Account protection applies when a SIPC member firm fails financially and is unable to meet obligations to securities clients. Account protection does not protect against losses from the rise and fall in the market value of investments. For more information about SIPC, visit www.sipc.org/who.aspx. You can also obtain a SIPC brochure by contacting SIPC at 202-371-8300 or by email: asksipc@sipc.org.

If you have any questions about our account protection policy, please contact our Customer Service team. Customer Service Associates are available from 8 AM to 9 PM ET, Monday through Friday (excluding market holidays).

1 Net equity is the value of the securities held for your account, plus related cash, minus anything that may be owed.