IBS Securities, LLC Privacy Policy
At IBS Securities, LLC and its affiliates, maintaining client trust and
confidence is a high priority. We understand that you are concerned with how we
treat nonpublic personal information (“Client Information”) that we obtain from
you or from other sources about you in the course of providing you with our
products and services. For this reason, we want you to understand how we work
to protect your privacy when we collect and use information about you, and the
steps we take to safeguard that information.
SECURITY PROCEDURES
IBS Securities, LLC restricts access to Client Information about you to:
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Those of our employees and affiliates who need to know that information in
order to provide the products and services you receive from us.
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Those unaffiliated brokers who have introduced you to us ("Introducing
Brokers")
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Those unaffiliated third parties whose access to such information are permitted
by law and who need to know that information in order to assist us in providing
you with the products and services you receive from us.
To protect the security of Client Information, we maintain physical, electronic,
and procedural safeguards that comply with federal standards for guarding the
information we collect about you.
INFORMATION WE COLLECT
In providing you with financial products and services, IBS Securities, LLC. May
collect the following types of Client Information:
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Information we receive from your Introducing Broker (if any) or from you on
account applications, whether written or electronic, or on other forms. This
information would include your name, address, social security number, income,
investment experience, and so forth.
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Information about your transactions with us, our affiliates, or others. This
information could include your trading through us, our affiliates and others,
your history of meeting margin calls, and your use of various products and
services that we and our affiliates provide.
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Information about your creditworthiness, credit history, and other information
about you that we receive from consumer reporting agencies, our affiliates,
your Introducing Broker (if any), or providers of other demographic
information, such as your purchasing or investment preferences.
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Information about you obtained in connection with our efforts to protect
against fraud or unauthorized use of your account(s) with us.
INFORMATION WE DISCLOSE:
At the present time, IBS Securities, LLC does not disclose any Client
Information on current or former clients, except as permitted by law. We,
however, reserve the right to disclose Client Information in the future to
unaffiliated third parties. We will make these disclosures in order to provide
you with access to products or services we think may be of interest to you.
CATEGORIES OF PARTIES TO WHICH WE MAY DISCLOSE:
IBS Securities, LLC may disclose the types of your Client Information listed
above to the following types of third parties:
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Companies that perform marketing services on our behalf or to other financial
institutions with which we have joint marketing agreements.
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Financial service providers, such as introducing brokers, broker-dealers,
futures commission merchants, investment companies, investment advisers,
commodity trading advisors, and commodity pool operators.
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Publishers and other direct marketers of products related to the financial
services industry, such as newsletter or book publishers and software or
trading system developers.
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We may also disclose your Client Information to other nonaffiliated third
parties as permitted by law, such as in response to a subpoena or legal process
or in order to complete a transaction with you initiated and authorized.
RIGHT TO OPT OUT OF INFORMATION SHARING
If you prefer that we not disclose your Client Information to unaffiliated third
parties, you may opt out of those disclosures. That is, you may direct us not
to make those disclosures (other than disclosures permitted by law). You,
however, may not opt out of Client Information disclosure about you to your
Introducing Broker (if any), our clearing broker, or any service provider
necessary to effect or process any transaction in your account(s) with us.
JOINT ACCOUNT PROCEDURES
Please note that, if your account(s) with us is for joint tenants with rights of
survivorship, tenants in common, or a partnership, any one party to the account
may elect to opt out for the account. That opt out election will bind all
parties to the account.
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