Get Sipc-7, General Assessment Reconciliation Form (working Copy)

The SIPC-7 General Assessment Reconciliation Form is a crucial document for members of the Securities Investor Protection Corporation, required for annual reporting. This guide offers comprehensive, step-by-step instructions on how to accurately complete this form online.

Follow the steps to complete the SIPC-7 Form online with ease.

1. Click the ‘Get Form’ button to access the SIPC-7 form and open it in your preferred online editor.
2. Enter the fiscal year end date in the designated space at the top of the form where it prompts for this information.
3. Provide your name and contact number in the relevant fields. This helps in case the SIPC needs to reach out for clarifications.
4. Complete Section A under General Assessment by entering the total amount from Item 2e on page 2 of the form. This represents the total revenue for your period.
5. For Section B, input the amount of any payment made with prior submission using SIPC-6. Ensure to exclude any interest to maintain accuracy.
6. In Section C, indicate any prior overpayment that can be applied to this assessment.
7. Calculate the assessment balance due (or overpayment) in Section D by summing the amounts from previous sections.
8. In Section E, compute the interest on late payments, if applicable, based on the number of days stated in the instruction.
9. Total both the assessment balance and any computed interest in Section F; this will be the final amount due.
10. Section G requires you to specify the payment method, indicating if you are enclosing a check payable to SIPC, ensuring the total matches Section F amount.
11. If there is any overpayment from this assessment that you’d like to carry forward to future periods, list it in Section H.
12. Complete the Subsidiaries and Predecessors section by listing names and registration numbers as prompted.
13. Finally, provide an authorized signature, your title, and the date of signing at the end of the form.
14. Once you have filled out all the necessary fields, you can save any changes, download the completed form, or print it for your records.
15. Ensure to submit the form and the payment as directed in the instructions, either by mail or wire transfer.

Complete your SIPC-7 form online today to ensure timely compliance with SIPC regulations.