Does SIPC provide coverage for securities loaned out under the Stock Yield Enhancement Program?

The provisions of the Securities Investor Protection Act of 1970 (SIPC) may not protect you as a lender with respect to securities loan transactions in which you lend your fully-paid securities to Interactive Brokers (IBKR) through the Stock Yield Enhancement Program. 

Therefore, the US Treasury collateral delivered to you (and indicated on your account statement) may constitute the only source of satisfaction of IBKR's obligation in the event that IBKR fails to return securities.

Powered by IBot
Why are my shares not being lent, even though I am enrolled in the Stock Yield Enhancement Program (SYEP)?
Can I disable share lending for a security?
How can I see SYEP collateral held at IBKRSS on my statements?
Does the Canadian Investor Protection Fund (CIPF) provide coverage for securities loaned out under the Stock Yield Enhancement Program?