Cash and Securities Segregated for Regulatory and Other Purposes

12 Months Ended

Dec. 31, 2014

Brokers and Dealers [Abstract]

Cash and Securities Segregated for Regulatory and Other Purposes

Cash and securities segregated for regulatory and other purposes

Deposits of $17.7 million were held at year-end in special reserve bank accounts for the exclusive benefit of customers in accordance with regulatory requirements at December 31, 2014 ($35.5 million at December 31, 2013). To the extent permitted, these deposits are invested in interest bearing accounts collateralized by qualified securities.