Privacy Policy


In the course of serving you as an individual client or as someone associated with a corporate or institutional client, may obtain personal information about you. Obtaining this information is important to our ability to deliver the highest level of service to you, but we also recognize that you expect us to treat this information appropriately.
This policy describes the types of personal information we may collect about you, the purposes for which we use the information, the circumstances in which we may share the information and the steps that we take to safeguard the information to protect your privacy. As used throughout this policy, the term refers to and its affiliates worldwide.
The Sources of Information
The personal information we collect about you comes primarily from the account applications or other forms and materials you submit to during the course of your relationship with us. We may also collect information about your transactions and experiences with relating to the products and services provides. In addition, depending on the products or services you require, may obtain additional information about you, such as your credit history, from consumer reporting agencies.
Disclosures of Your Personal Information
In order to provide efficient and reliable services and to improve product and service options available to you, more than one entity within may be given, or given access to, your personal information. For example, one entity might share your information with another in order to facilitate settlement of your transactions or the maintenance of your accounts. When so sharing your personal information, we adhere to applicable legal and industry standards regarding the protection of personal information. Additional information on how your personal information is protected while within is provided below, under Information Security: How We Protect Your Privacy.
Disclosures of Your Personal Information to Third Parties does not disclose your personal information to third parties, except as described in this policy. Third party disclosures may include sharing such information with non-affiliated companies that perform support services for your account or facilitate your transactions with, including those that provide professional, legal or accounting advice to Non-affiliated companies that assist in providing services to you are required to maintain the confidentiality of such information to the extent they receive it and to use your personal information only in the course of providing such services and only for the purposes that dictates.
We may also disclose your personal information to fulfill your instructions, to protect our rights and interests and those of our business partners or pursuant to your express consent. Finally, under limited circumstances, your personal information may be disclosed to third parties as permitted by, or to comply with, applicable laws and regulations; for instance, when responding to a subpoena or similar legal process, to protect against fraud and to otherwise cooperate with law enforcement or regulatory authorities or with organizations such as exchanges and clearinghouses.You should know that will not sell your personal information.
Privacy and the Internet
The following additional information will be of interest to you as a visitor to this site:
Users of private Web sites are required to identify and authenticate themselves prior to accessing our services. Generally, identification and authentication take place through the use of your user name and a password, or with an RSA Secure ID* Card and a Personal Identification Number (PIN).
The private Web sites are built upon a secure infrastructure with multiple layers of protection, including measures ranging from proper physical security of our machines to system intrusion detection capabilities. Within such private sites, uses industry standard encryption technologies to protect your information from external compromise.
Security is a cooperative effort between and the users of the Web sites. Please remember that your password, Also, you should discontinue their use and notify us if you have any reason to suspect that someone else may be using them.
“Cookies” are small text files that may be placed on your Web browser when you visit our Web sites or when you view advertisements we have placed on other Web sites. For more information about cookies, how our Web sites use them, and your options with respect to their use, please see our cookies policy.
When you visit this site, your browser may be momentarily directed to the Web site of an ad server or other third party service provider. This re-direction process will not be apparent to you. These third party Web sites automatically receive your IP address when this happens, and they may also collect information from your interaction with our Web sites including computer and connection information, standard Web log information, and ad information. Such information does not identify you individually. may make available on this Web site third party applications such as content linking or sharing facilities. Information collected by providers of such applications is governed by their privacy policies.Our Web sites are not currently configured to respond to “do not track” signals or similar mechanisms.
Other Privacy Policies or Statements; Changes to Policy
This policy provides a general statement of the ways in which protects your personal information. You may, however, in connection with specific products or services offered by, be provided with privacy policies or statements that supplement this policy. This policy may be changed from time to time to reflect changes in our practices concerning the collection and use of personal information. The revised policy will be effective immediately upon posting to our Web site. This version of the Policy is effective.
Information Security: How We Protect Your Privacy is committed to protecting the privacy and confidentiality of your personal information. We limit access to your personal information to authorized employees or agents and, as described above in Disclosures of Your Personal Information to Third Parties, our service providers are held to stringent standards of privacy. We also maintain physical, electronic and procedural safeguards to protect the information against loss, misuse, damage or modification and unauthorized access or disclosure. Some of the other central features of our information security program are:
A dedicated group – the Information Security Department – that designs, implements and provides oversight to our information security program;The use of specialized technology such as firewalls; Testing of the security and operability of products and services before they are introduced to the Internet, as well as ongoing scanning for publicly known vulnerabilities in the technology; Internal and external reviews of our Internet sites and services; Monitoring of our systems infrastructure to detect weaknesses and potential intrusions; Implementing controls to identify, authenticate and authorize access to various systems or sites; Protecting information during transmission through various means including, where appropriate, encryption; and Providing  personnel with relevant training and continually updating our security practices in light of new risks and developments in technology.
Our Use of Your Personal Information
We may use your personal information to:
Administer, operate, facilitate and manage your relationship and/or account with This may include sharing such information internally as well as disclosing it to third parties, as described in the following two sections, respectively;
Contact you or, if applicable, your designated representative(s) by post, telephone, electronic mail, facsimile, etc., in connection with your relationship and/or account. Provide you with information (such as investment research), recommendations, or advice concerning products and services offered by; and Facilitate our internal business operations, including assessing and managing risk and fulfilling our legal and regulatory requirements.
If your relationship with will continue to treat your personal information, to the extent we retain it, as described in this policy.