Cash and Securities Segregated Under Federal Regulations and Other Requirements

9 Months Ended

Sep. 30, 2015

Brokers and Dealers [Abstract]

Cash and Securities Segregated Under Federal Regulations and Other Requirements

Cash and Securities Segregated Under Federal Regulations and Other Requirements

As of September 30, 2015 and December 31, 2014,$0.3 billion and $0.4 billion, respectively, of U.S. Treasury Bills were segregated in a special reserve bank custody account for the exclusive benefit of brokerage customers of Sanford C. Bernstein & Co., LLC (one of our subsidiaries, “SCB LLC”) under Rule 15c3-3 of the Exchange Act.

AllianceBernstein Investments, Inc. (one of our subsidiaries and the distributor of our U.S. mutual funds, “AllianceBernstein Investments”) maintains several special bank accounts for the exclusive benefit of customers. As of September 30, 2015 and December 31, 2014, $31.6 million and $61.3 million, respectively, of cash was segregated in these bank accounts.