Libra
REGULATORY

Regulation and compliance

Investment adviser registration

Libra Investment Advisors Inc. is registered as an investment adviser in Florida under CRD 333647. Registration does not imply endorsement, recommendation or guaranteed performance.

CTA registration and program availability

Libra is registered with the CFTC as a commodity trading advisor and is an NFA Member under NFA ID 0577422. CTA registration describes Libra’s regulatory capacity with respect to commodity interests. It does not mean that every Libra account includes futures or that a public managed-futures program is currently available. Availability depends on applicable agreements, permissions and current program documentation.

Segregated-account custody and limited authority

Assets in segregated advisory accounts are held in the client’s name at an independent qualified custodian. Libra’s authority is limited by the written advisory agreement and applicable account permissions.

Understanding account protection

Custody protection depends on the legal entity, account type and assets held. A securities account at a SIPC-member broker may be eligible for SIPC protection if the broker fails and customer cash or securities are missing, subject to SIPC limits and rules. SIPC does not protect against market losses, investment performance or most commodity futures positions. FDIC insurance applies only to qualifying deposits held at FDIC-insured banks or eligible balances enrolled in a qualifying bank-deposit sweep program, subject to applicable limits.

Third-party-issued notes and issuer risk

An investment note is issued by an independent third party. The investor owns the note, not a segregated underlying account. Libra may manage the referenced strategy but is not the issuer, custodian or guarantor. The investor is exposed to the issuer and the risks described in the final offering documents.

Investment and product risks

Investments may lose value. Futures involve leverage, margin and the possibility of rapid or substantial loss. Investment notes also involve issuer, market, liquidity, valuation and limited-recourse risks. Past performance does not guarantee future results. Hypothetical, simulated or backtested results have additional limitations and do not represent actual trading unless expressly identified as such.