Customer T-bills are held in custody in a segregated omnibus account for the benefit of Jiko's customers at BNY Mellon. Jiko customer assets are held under 15c3-3 customer protection rule in a segregated account and are fully paid for. A custodian ensures ownership of each security and keeps them safely segregated, without lending them out. Should Jiko Securities fail, Securities Investor Protection Corporation (SIPC) will proceed with liquidating customer assets and contacting account holders to arrange returning of funds. Brokerage balances below $500,000 are covered by SIPC insurance.
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Investments in T-bills: Not FDIC Insured; No Bank Guarantee; May Lose Value.
All U.S. Treasury investments and investment advisory services provided by Jiko Securities, Inc., a registered broker-dealer, member FINRA and SIPC. Securities in your account are protected up to $500,000. For details, please see www.sipc.org. Banking services provided by Jiko Bank, a division of Mid-Central National Bank.
Jiko Group, Inc. and its affiliates do not provide legal, tax, or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions. This material is not intended as a recommendation, offer or solicitation for the purchase or sale of any security or investment strategy. See FINRA BrokerCheck, Jiko U.S. Treasuries Risk Disclosures and Jiko Securities Inc. Form CRS.