Securities and Exchange Commission v. Madoff et al
Filing 53
ORDER: My April 10, 2009 Opinion is amended by adding, as a footnote following the last word "lntermediaries ln the final full paragraph on page two: Each such investor may receive through his intermediary his full share of the proceeds of the BLMIS liquidation. Each direct customer of BLMIS may also receive a supplemental distribution from SIPC reserve funds for the remainder of his loss up to $500,000 per direct customer ($100,000 per customer for cash claims). The corresponding distribution to the intermediary as a direct customer is similarly limited in amount, but must be shared among the intermediary's member investors. So ordered. (Signed by Judge Louis L. Stanton on 4/14/2009) (tve)
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