Insurance against loss of money or other assets due to employee dishonesty. The Securities & Exchange Commission (SEC) requires brokerage firms to carry a blanket fidelity bond to protect clients' assets.
Related information about blanket fidelity bond:
- blanket fidelity bond - Insurance Glossary
blanket fidelity bond - Coverage for employee theft of money, securities, or property, written with a per loss limit rather than a per employee or per position limit.
- Blanket Fidelity Bond - Financial Dictionary - The Free Dictionary
SEC-required insurance coverage that brokerage firms are required to have in order to cover fraudulent trading by employees.
- Blanket fidelity bond - Legal Dictionary - The Free Dictionary
An insurance device in the form of a personal guaranty that protects against loss resulting from disreputable or disloyal employees or other individuals who ...
- Fidelity bond: Definition from Answers.com
Fidelity Bond Coverage that guarantees that the insurance company will pay the insured business or individual for money or other property lost because.
- What is blanket fidelity bond? definition and meaning
Definition of blanket fidelity bond: Insurance against loss of money or other assets due to employee dishonesty. The Securities & Exchange Commission ( SEC) ...
- Waiver of Blanket Fidelity Bond or Employee Dishonesty Insurance ...
Waiver of Blanket Fidelity Bond or Employee Dishonesty. Insurance Policy. For Title Insurance Settlement Agents. I,. , as a sole proprietor, general partner, officer ...
- blanket fidelity bond Definition | Business Dictionaries from ...
insurance coverage against losses due to employee dishonesty. Brokerage firms are required to carry such protection in proportion to their net capital as defined ...
- Lawriter - ORC - 1161.71 Blanket fidelity bond coverage.
1161.71 Blanket fidelity bond coverage. All officers and employees of a savings bank, before entering upon the discharge of their duties, shall be covered by an ...