Segregated account

Where would you find information on how much cash each brokerage firm has put aside to secure its customer's funds. I think this is called the firms "segregated account".

Also is this with the clearing firm they use or somewhere else?

Thanks

 

http://www.cftc.gov/tm/tmfcm.htm

 

This is exactly what I was looking for. There are a lot of firms out there that have very little excess capital.

Thanks

 

One more question:

When one is a non clearing FCM , does the firm they clear with assume the responsibility their clients?

 

Go with a bigger firm, such as RCG, Mann, IB, but keep in mind this does not guaranty anything. Refco is a perfect example. The key is to keep as little money in the account as possible and sweep it at least once a week.