### Question
Can you define what protective decree means?


### Answer
**Protective decree** is defined as the following in *15 U.S.C. § 78lll*:

> a decree, issued by a court upon application of SIPC under section 78eee(a)(3) of this title, that the customers of a member of SIPC are in need of the protection provided under this chapter

#### Citation:
  - *15 U.S.C. § 78lll*
  - Heading: **CHAPTER 2Bdash1-SECURITIES INVESTOR PROTECTION**

