Commerce One Financial is pleased to retain Sterne Agee & Leach as our clearing agent. Sterne Agee & Leach is a member of NYSE, established in 1901. Sterne Agee & Leach is one of the most premier financial service companies and has been for over 100 years.
We feel that Sterne Agee & Leach provides us with value added in the following ways:
At Commerce One, our consultants set us apart. They understand the importance of relationships built on trust and respect. We always strive to understand our clients' needs, and we never forget that your interests come first.
Commerce One is registered as a broker dealer with the U.S. Security and Exchange Commission, and is a member of the National Association of Security Dealers and of the Securities Investor Protection Corp.
All transactions are cleared through, and assets held by, Sterne Agee & Leach, Inc., a member of the New York Stock Exchange. The accounts of our clients are insured by the Securities Investor Protection Corp. (SIPC) up to $500,000 for each customer, subject to a limit of $100,000 for claims on cash balances. In addition, Sterne Agee & Leach, Inc. has purchased a commercial insurance policy that covers each client up to $100,000,000. Of course, this insurance does not protect against losses from the fall in the market value of securities or other investments.