Cash and Securities Segregated Under Federal Regulations and Other Requirements

9 Months Ended

Sep. 30, 2012

Cash and Securities Segregated Under Federal Regulations and Other Requirements [Abstract]

Cash and Securities Segregated Under Federal Regulations and Other Requirements

5.      Cash and Securities Segregated Under Federal Regulations and Other Requirements

As of September 30, 2012 and December 31, 2011, $0.9 billion and $1.2 billion, respectively, of United States Treasury Bills were segregated in a special reserve bank custody account for the exclusive benefit of brokerage customers of SCB LLC under Rule 15c3-3 of the Exchange Act.

AllianceBernstein Investments, Inc. ("AllianceBernstein Investments"), an indirect wholly-owned subsidiary of AllianceBernstein and the distributor of company-sponsored mutual funds, maintains several special bank accounts for the exclusive benefit of customers. As of September 30, 2012 and December 31, 2011, $44.0 million and $39.9 million, respectively, of cash were segregated in these bank accounts.