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First Clearing, LLC ("First Clearing")
For your financial comfort and convenience, we clear through First Clearing, a guaranteed wholly owned subsidiary of Wachovia Securities, LLC. Backed by the strength of Wachovia Corporation, the fourth largest domestic bank holding company, First Clearing assists us in providing world-class securities-execution and brokerage-clearance services for all Bishop Rosen clients. First Clearing, LLC is a member of the New York Stock Exchange, FINRA and other major exchanges. All securities and cash maintained by First Clearing receive their highest level of account protection.

Account Protection
Coverage for cash and securities in protected client accounts is provided from two sources. The Securities Investor Protection Corporation (SIPC) protects up to $500,000, of which $100,000 may be cash. Additional protection has been obtained, at no cost to you, for the remaining net equity balance, if any, of the cash and securities in your accounts. This coverage does not protect against losses from any change in market values of investments.


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Bishop,
Rosen & Co, Inc.

Copyright 2005.
All Rights Reserved.
Bishop Rosen
100 Broadway
New York, NY 10005
Phone: (212) 285-5500
Toll Free:
(800) 221-5225
Fax: (212) 602-0697