BANKRUPTCY COURT (Page
The SIPA provides for noticing of both
customers and creditors. The noticing requirements provided for in
15 U.S.C. § 78fff- 2(a)(1) are performed by the trustee, not the
clerk of the bankruptcy court. While the SIPA does not require a
formal proof of claim for customers (other than certain insiders
and their relatives), it does require a written statement of
claim. The trustee will normally provide customers with claim
forms and instructions. The claim form must be filed with the
trustee rather than the clerk of the bankruptcy court. 15 U.S.C.
§ 78fff-2(a)(2). With limited, specified exceptions, no claim of
a customer or other creditor can be allowed unless it is received
by the trustee within six months after the initial publication of
notice. 15 U.S.C. § 78fff-2(a)(3).