Does the Canadian Investor Protection Fund (CIPF) 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. …

Shares loaned out may not be protected by the Investor Compensation Scheme (ICS). Therefore, the cash collateral delivered to you (and indicated on your account statement) may constitute the only source of satisfaction of Interactive Broker's (IBKR) obligation in the event that IBKR fails to return securities. This is why IBKR provides you with cash collateral in at least the same amount as the value of your shares to protect you in the very unlikely event that the stock is not returned to you…

Shares loaned out may not be protected by the Financial Services Compensation Scheme (FSCS).

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

Shares loaned out may not be protected by the Investor Compensation Fund (ICF). Therefore, the cash 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. This is why IBKR provides you with cash collateral in at least the same amount as the value of your shares to protect you in the very unlikely event that the stock is not returned to you…