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TAGLICH BROTHERS, INC.
IMPORTANT INFORMATION ABOUT PERSONAL
PRIVACY AND CERTAIN INFORMATION SHARING
Dear Client:
At Taglich Brothers, Inc., we appreciate the trust
that clients place in us and we recognize the importance of protecting
the confidentiality of non-public personal information that we have in
our possession. . The information is used to ensure accuracy in
reporting and record keeping and to carry out requested transactions. As
you may know we clear through Pershing LLC (PERSHING) This allows us to
make available new products and services to meet your financial needs.
Keeping this information secure is a top priority for Taglich Brothers
and in keeping with recently adopted regulations, we share our Privacy
Policy for the retail clients.
- This
privacy policy applies to consumers whose accounts are or were
maintained by Taglich Brothers. Clients of other businesses affiliated
with Taglich Brothers will be separately notified of the specific
privacy policies that are applicable to those businesses. We will
provide our Privacy Policy to clients when they open a new account and
annually after that. If we change this Privacy Policy, you will be
notified in advance.
- We
obtain non-public information about clients from the following
sources:
- Information received as part of the
account opening process (such as name, address and social security
number) or as a result of other requested services.
- Information about client’s transactions
effected through Taglich Brothers. This information may include
securities transactions, account positions and balances and debit
card usage for those that utilize this service from Taglich
Brothers. This information allows us to generate confirmations,
statements and other required reports on behalf of the clients.
- Information we may receive from credit
reporting agencies that has been supplied by other brokerage firms
or banking sources (such as creditworthiness and credit history)
- The non-public personal information that is
obtained is safeguarded in accordance with our internal policies and
procedures. These policies permit only those employees who need to
know the information in order to perform their duties to have access
to customer’s non-public personal information. We maintain physical,
electronic and procedural safeguards designed to comply with federal
standards to guard client’s non-public personal information.
- We will not disclose non-public personal
information about our clients to non-affiliated third parties with
whom we have contracted to perform services on our behalf, such as
data processing services as well as non-affiliated financial
institutions such as those that may provide debit card services,
without the prior consent of our clients. These service providers
have agreed to be bound by the same privacy commitments. We may also
disclose non-public personal information about our clients as
permitted or required by law.
This notice applies only to retail client accounts
maintained by Taglich Brothers through PERSHING. It does not apply to
any of our affiliates.
Pershing LLC (PERSHING) is a non-bank Delaware Limited
Liability Company that is wholly owned by The Bank of New York. PERSHING
is a member of the New York Stock Exchange and other Principal
exchanges, and the Securities Investor Protection Corporation (SIPC).
PERSHING carries additional insurance of $99.5 million on each account,
of which $1 million may be in cash. SIPC protects against member
business failure but does not protect against loss of principal
investments, nor is it equivalent to FDIC Insurance. Taglich Brothers is
a member of the FINRA and SIPC.
*Please remember that Pershing LLC carries your
account pursuant to its fully disclosed clearing agreement with Taglich
Brothers and that your relationship is with Taglich Brothers and not
Pershing LLC, as described in more detail in the Notice to Introduced
Customers that you received when you opened your account. Nothing
contained herein is intended to change that relationship. |