{"data":{"id":"us/17-cfr-300.501","jurisdiction":"us","citation":"17 CFR 300.501","heading":"Claim for cash.","body":"(a) Where a SIPC member (“Debtor”) held securities in an account for a customer, the customer has a “claim for cash” with respect to any authorized securities sale:\n(1) If the Debtor has sent written confirmation to the customer that the securities in question have been sold for or purchased from the customer's account; or\n(2) Whether or not such a written confirmation has been sent, if the securities in question have become the subject of a completed or executory contract for sale for or purchase from the account.\n(b) Where the Debtor held cash in an account for a customer, the customer has a “claim for cash”, notwithstanding the fact that the customer has ordered securities purchased for the account, unless:\n(1) The Debtor has sent written confirmation to the customer that the securities in question have been purchased for or sold to the customer's account; or\n(2) Whether or not such a written confirmation has been sent, if the securities in question have become the subject of a completed or executory contract for purchase for or sale to the account.","path":["Title 17—Commodity and Securities Exchanges","CHAPTER II—SECURITIES AND EXCHANGE COMMISSION","PART 300—RULES OF THE SECURITIES INVESTOR PROTECTION CORPORATION"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-17.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:31Z","sha256":"6e06753d13e94ebea2f7156aa095f12861e09357168a63840a2bf07d9f392166","source_id":"us-cfr","stale":true,"prev":"us/17-cfr-300.500","next":"us/17-cfr-300.502"},"notice":"GroundRules: Original legal text. Not legal advice."}