PSI (Partnervest Securities, Inc.) is a member of FINRA, SIPC, and MSRB. Please refer to the descriptions on this page for information on what these organizations do, and why they are important.



FINRA

FINRA Disclosure: The following information is provided to visitors solely for informational purposes and is not meant to, nor should it imply the FINRA has endorsed Partnervest Securities, Inc. or approved of the securities it offers.

The Financial Industry Regulatory Authority (FINRA), is the largest non-governmental regulator for all securities firms doing business in the United States. All told, FINRA oversees nearly 5,100 brokerage firms, about 173,000 branch offices and more than 669,000 registered securities representatives.

Created in July 2007 through the consolidation of NASD and the member regulation, enforcement and arbitration functions of the New York Stock Exchange, FINRA is dedicated to investor protection and market integrity through effective and efficient regulation and complementary compliance and technology-based services.

FINRA touches virtually every aspect of the securities business—from registering and educating industry participants to examining securities firms; writing rules; enforcing those rules and the federal securities laws; informing and educating the investing public; providing trade reporting and other industry utilities; and administering the largest dispute resolution forum for investors and registered firms. It also performs market regulation under contract for The NASDAQ Stock Market, the American Stock Exchange, the International Securities Exchange and the Chicago Climate Exchange.

FINRA has approximately 3,000 employees and operates from Washington, DC, and New York, NY, with 15 District Offices around the country.

"The creation of FINRA is the most significant modernization of the self-regulatory regime in decades," said Mary L. Schapiro, Chief Executive Officer of FINRA. "With investor protection and market integrity as our overarching objectives, FINRA is will be an investor-focused and more streamlined regulator that is better suited to the complexity and competitiveness of today's global capital markets."

FINRA believes investor protection begins with education. Using the internet, the media and public forums, we help investors build their financial knowledge and provide them with essential tools to better understand the markets and basic principles of saving and investing. In addition, the FINRA Investor Education Foundation is the largest foundation in the United States dedicated to investor education. As of June 2007, the Foundation had approved $10.4 million in grants and an additional $10.2 million in direct investor education programming.

In today's fast-paced and complex global economy, FINRA is a trusted advocate for investors, dedicated to keeping the markets fair, ensuring investor choice and proactively addressing emerging regulatory issues before they harm investors or the markets.


SIPC

SIPC Securities Investor Protection Corporation (SIPC) protects customers of broker dealers registered with the United States Securities and Exchange Commission, thereby promoting confidence in United States securities markets. The protection is against losses caused by the financial failure of the broker-dealer, but not against a change in the market value of securities in customers' accounts at the broker-dealer. It is a nonprofit, membership corporation, funded by its member securities broker-dealers.

Partnervest Securities, Inc. is a Member of SIPC, which protects securities customers of its members up to $500,000 (including $100,000 for claims for cash). Explanatory brochure available upon request or at www.sipc.org.


MSRB

MSRB Disclosure: The following information is provided to visitors solely for informational purposes and is not meant to, nor should it imply the MSRB has endorsed Partnervest Securities, Inc. or approved of the securities it offers.

The Municipal Securities Rulemaking Board was established in 1975 by Congress to develop rules regulating securities firms and banks involved in underwriting, trading, and selling municipal securities bonds and notes issued by states, cities, and counties or their agencies to help finance public projects.

The Board, which is composed of members from the municipal securities dealer community and the public, sets standards for all municipal securities dealers. Like the New York Stock Exchange or the National Association of Securities Dealers, Inc., the Board is a self-regulatory organization that is subject to oversight by the Securities and Exchange Commission (SEC).