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Business Continuity Plan

State of the Art Account Security:  Wiley Bros.-Aintree Capital has developed a Business Continuity Plan designed to permit our firm to resume operations as quickly as possible in the event of an emergency.  Since the timing and impact of disasters are unpredictable, flexibility is essential in responding to actual events as they occur.

 

Should a disruption occur: If we experience a significant business disruption and you cannot contact us through customary means, please call our emergency number 615-353-9875.  Please note that this emergency number will be available during normal business hours (8:00AM CST – 4:30PM CST) only in the event that our primary phone service becomes unavailable.  If you cannot access us through the emergency number, you should contact our clearing firm, Pershing, LLC, at 201-413-3635, for instructions on accessing general services such as prompt access to funds and securities, order entry, and processing other trade related cash and security transfer transactions.

 

Business Continuity Plan:  We have designed a plan to assure quick recovery and resumption of business operations after a significant business disruption including:

 

•     Safeguarding our employees and property
•     Making a financial and operational assessment
•     Protecting the firm’s books and records
•     Allowing clients to transact business

 

Business Continuity Plan addresses:

 

•     Data back-up and recovery
•     All mission critical systems
•     Financial and operational assessments
•     Alternative communications with clients, employee, and regulators
•     Alternate physical location of employees
•     Critical supplier, contractor, bank, and counter-party impact
•     Regulatory reporting
•     Assuring clients prompt access to their funds and securities if we are unable to continue doing business

Order Routing Practices – SEC Rule 606

The clearing firm for Wiley Bros.-Aintree Capital, Pershing  (“Pershing”), has provided data concerning the routing of order flow (the “Data”) on the Client Access portion of this site.  Although Pershing has used commercially reasonable efforts to provide accurate data, the data is provided to you on an “as is” basis.

 

If you would like to read this information, you will be required to enter, exactly, the firm name WILEY BROS A DIVISION OF WILEY when you access the link below or locate SEC Rule 606 through the Customer Service link on the Client Access portion of this site.

 

Privacy Policy

In order to provide clients with individualized service, Wiley Bros.-Aintree Capital, (WBAC) will collect certain nonpublic personal information about our clients. We gather information about you and your accounts so that we can (i) know who you are and thereby prevent unauthorized access to your information; (ii) design and improve the products and services we offer; and (iii) comply with the laws and regulations that govern us. We may collect the following types of nonpublic personal information about you: information about your identity, such as your name, address, social security number, financials, risk, employment, etc.; information about your transactions with us; information we receive from you on applications, such as your beneficiaries or income. We collect nonpublic personal information about WBAC clients such as you from the following sources: information we receive from you on applications or other forms, information about your transactions with us, our affiliates, or others or any other information in our possession. We do not disclose any nonpublic personal information about our customers or former customers to anyone, except as permitted by law. Moreover, we will not release information about our customers or former customers unless one of the following conditions are met: we receive your prior written consent; we believe the recipient to be you or your authorized representative; we are required by law to release information to the recipient; or the information is disclosed to third party professionals including but not limited to our clearing firm, third party professionals who support our regulatory compliance obligations or any other organization or person that supports our business with you. We maintain physical, electronic and procedural safeguards to protect client nonpublic personal information. To further protect your privacy, our website uses a high level of internet security, including data encryption, user names and passwords, and other tools. We also restrict access to your personal and financial data to authorized WBAC associates who have a need for these records. We require all nonaffiliated organizations to conform to our privacy standards and they are contractually obligated to keep the information provided to them confidential and to use only as requested. Furthermore, we will continue to adhere to the privacy policies and practices described in this notice even after your account is closed or becomes inactive.

Model Extended Hours Trading Risk Disclosure Statement

There are many points you should consider before engaging in extended hours trading. “Extended hours trading” means trading outside of “regular trading hours.” “Regular trading hours” generally means the time between 9:30 a.m. and 4:00 p.m. Eastern Standard Time. The following list is not meant to outline every risk associated with extended hours trading but does include several points that you should consider at a minimum.

Risk of Lower Liquidity. Liquidity refers to the ability of market participants to buy and sell securities. Generally, the more orders that are available in a market, the greater the liquidity. Liquidity is important because with greater liquidity it is easier for investors to buy or sell securities, and as a result, investors are more likely to pay or receive a competitive price for securities purchased or sold. There may be lower liquidity in extended hours trading as compared to regular trading hours. As a result, your order may only be partially executed, or not at all.

Risk of Higher Volatility. Volatility refers to the changes in price that securities undergo when trading. Generally, the higher the volatility of a security, the greater its price swings. There may be greater volatility in extended hours trading than in regular trading hours. As a result, your order may only be partially executed, or not at all, or you may receive an inferior price when engaging in extended hours trading than you would during regular trading hours.

Risk of Changing Prices. The prices of securities traded in extended hours trading may not reflect the prices either at the end of regular trading hours, or upon the opening the next morning. As a result, you may receive an inferior price when engaging in extended hours trading than you would during regular trading hours.

Risk of Unlinked Markets. Depending on the extended hours trading system or the time of day, the prices displayed on a particular extended hours trading system may not reflect the prices in other concurrently operating extended hours trading systems dealing in the same securities. Accordingly, you may receive an inferior price in one extended hours trading system than you would in another extended hours trading system.

Risk of News Announcements. Normally, issuers make news announcements that may affect the price of their securities after regular trading hours. Similarly, important financial information is frequently announced outside of regular trading hours. In extended hours trading, these announcements may occur during trading, and if combined with lower liquidity and higher volatility, may cause an exaggerated and unsustainable effect on the price of a security.

Risk of Wider Spreads. The spread refers to the difference in price between what you can buy a security for and what you can sell it for. Lower liquidity and higher volatility in extended hours trading may result in wider than normal spreads for a particular security.

Broker Check

Click Here to access FINRA’s Broker Check.

Equifax Breach – September 7, 2017

Equifax, the credit bureau our Firm uses to verify client’s identities, reported a breach of its website on September 7, 2017. Equifax has a dedicated web page with additional details.

Click Here to view the website which also provides information on steps consumers may take to protect their personal information. We encourage you to visit the site and take appropriate action.