Why and How We Collect Personal Information
AmerX collects personal information about you, so that we can effectively provide brokerage services and products that may be of interest to you. The personal information we collect about you includes:
➢Some of the information you provide to us on applications and other forms (such as your name, address,social security number or tax identification number, etc.);
➢Information about your transactions with us or others (such as your account balance, payment history, and parties to transactions); and/or
➢Information we receive from consumer reporting agencies (such as your credit history and creditworthiness) and other entities not affiliated with AmerX.
How We Protect Personal Information
We limit access to your personal information to employees that need it to conduct our business, clear and settle transactions in your account, and help develop products and services available to you. Our employees are required to follow established procedures that maintain and protect the confidentiality of your personal information. To comply with applicable laws and regulations, we maintain physical, electronic, and procedural safeguards to protect your personal information.
The Information We Disclose
To service your account or effect transactions, we may provide your personal information to our clearing firms and to certain outside consultants who provide professional compliance and/ or operational support to AmerX. We may also disclose personal information to regulatory authorities as permitted by applicable law. For example, we may disclose personal information to cooperate with regulatory authorities and law enforcement agencies, and as necessary to protect our rights or property. We do not otherwise provide information about you to third party organizations or individuals.
If you decide to close your account(s) or become an inactive customer, we will continue to adhere to the privacy policies and practices as described in this notice.
Please be aware that you have the right to maintain the privacy of your non-public personal information. You may notify us, in writing, if you wish that your information not be used for any other purpose than maintaining your account with our firm. We will also notify you if our policies change.
SEC Rule 606 Quarterly Reports
The Securities & Exchange Commission (“SEC”) adopted Rule 606, requiring all broker-dealers that route orders in equity and options securities to make available quarterly reports that present a general overview of their routing practices. The reports identify significant venues to which customer orders were routed and disclose the material aspects of the broker-dealer’s relationship with such venues. AmerX’s Rule 606 report can be found at www.optimalapplications.com. Also, upon customer’s request, AmerX will disclose to its customer the identity of the venue to which the customer’s orders were routed for execution in the six months prior to the request, whether the orders were directed orders or non-directed orders, and the time of the transaction, if any, that resulted from such orders.
FINRA Public Disclosure Notification
In accordance with the Financial Industry Regulatory Authority (“FINRA”) Investor Education and Protection Rule, you may obtain information on FINRA’s Public Disclosure Program by contacting FINRA at (800) 289-9999 or via their internet address which is www.finra.org. A copy of the investor brochure that includes information concerning FINRA’s Public Disclosure Program can be obtained by calling the number provided or visiting FINRA’s web site. If you have a question or concern about this notice, please contact us at firstname.lastname@example.org
Customer Identification Program Notice
Important information you need to know about opening a new account:
To help the government fight the funding of terrorism and money laundering activities, federal law requires financial institutions to obtain, verify, and record information that identifies each person or entity that opens an account. This notice answers some questions about AmerX’s Customer Identification Program.
What types of information will I need to provide?
When you open an account, AmerX is required to collect information such as the following from you:
➢Individual or entity name
➢Date of birth, if applicable
•U.S. Citizen: taxpayer identification number (social security number or employer identification number)
•Non-U.S. Citizen: taxpayer identification number, passport number, and country of issuance, alien identification card number, or government-issued identification showing nationality, residence,and a photograph of you.
You may also need to show your driver’s license or other identifying documents.
A corporation, partnership, trust or other legal entity may need to provide other information, such as its principal place of business, local office, employer identification number, certified articles of incorporation, government-issued business license, a partnership agreement, or a trust agreement.
U.S. Department of the Treasury, Securities & Exchange Commission, FINRA, and the New York Stock Exchange rules already require you to provide most of this information. These rules also may require you to provide additional information, such as your net worth, annual income, occupation, employment information, investment experience and objectives, and risk tolerance.
What happens if I don’t provide the information requested or my identity can’t be verified?
AmerX may not be able to open an account or carry out transactions for you. If AmerX has already opened an account for you, we may have to close it. We thank you for your patience and hope that you will support the financial industry’s efforts to deny terrorists and money launderers access to Americas’ financial system.
Customer Notice Pursuant to Section 311 of the USA PATRIOT Act
Pursuant to U.S. regulations issued under Section 311 of the USA PATRIOT Act, 31 CFR 103.192, we are prohibited
from opening or maintaining a correspondent account for, or on behalf of, Banco Delta Asia SARL, including its subsidiaries Delta Asian Credit Limited and Delta Asia Insurance Limited (“Banco Delta Asia” or “bank”), [the “Specified Banks”]. The regulations also require us to notify you that your correspondent account with our financial institution may not be used to provide the Specified Banks with access to our financial institution. If we become aware that the Specified Banks are indirectly using the correspondent account you hold at our financial institution, we will be required to take appropriate steps to prevent such access, including terminating your account.
Notification to Customers
Please direct complaints or concerns with respect to the handling of your account to:
Americas Executions, LLC 61 Broadway Suite 2301 New York, NY 10006 Email: email@example.com
You may find information regarding the Securities Investor Protection Act by contacting SIPC directly at (202) 371-8300 or by e-mail: firstname.lastname@example.org or you may obtain information through their website: www.sipc.org.
Please note that digital assets are not covered by SIPC at this time.
Business Continuity Plan Summary
Americas Executions, LLC (“AmerX”) has developed a Business Continuity Plan on how we will respond to events that significantly disrupt our business. Since the timing and impact of disasters and disruptions is unpredictable, we will have to be flexible in responding to actual events as they occur. With that in mind, we are providing you with this information on our business continuity plan.
If after a significant business disruption, you cannot contact us as you usually do at (646) 979-8000, you should call our alternative number (212) 306-2700. If you cannot access us through either of those means, you should contact our clearing firm (if applicable) that maintains your account for instructions on how it may provide prompt access to funds and securities, enter orders and process other trade-related, cash and security transfer transactions.
We plan to quickly recover and resume business operations after a significant business disruption and respond by safeguarding our employees and property, making a financial and operational assessment, protecting the firm’s books and records and allowing our customers to transact business. In short, our business continuity plan is designed to permit our firm to resume operations as quickly as possible, given the scope and severity of the significant business disruption.
Our business continuity plan addresses: data backup and recovery; all mission critical systems; financial and
operational assessments; alternative communications with customers, employees, and regulators; alternative physical location of employees; critical supplier, contractor, bank and counter-party impact, if any; regulatory reporting; and assuring our customers prompt access to their funds and securities if we are unable to continue our business. We back-up information via Vault America. While every emergency poses unique problems based on external factors, such as time of day and the severity of the disruption, we have been advised by our clearing firms that their objectives are to restore their operations and be able to complete existing transactions and accept new transactions and payments within the same business day. Your orders and requests for funds and securities could be delayed during this period. Significant business disruptions can vary in their scope, such as affecting only our firm, a single building housing our firm, the business district where our firm is located, the city where we are located, or the whole region. Within each of these areas, the severity of the disruption can also vary from minimal to severe. In a disruption affecting only our firm or the building housing our firm, we will transfer our operations to a local site if necessary and expect to recover and resume business within a 24-hour period. In the event of a significant business disruption that closes the New York Stock Exchange (“NYSE”), we will move our staff from any affected offices to an alternative site designated by the Exchange. In a disruption affecting our business district, city, or region, we will transfer our operations to a site outside of the affected area and recover and resume business within a reasonable time. In either situation, we plan to continue business, transfer operations to our clearing firm if necessary, and notify you through our customer emergency number. If the significant business disruption is so severe that it prevents us from remaining in business, we will reasonably ensure that our customers have prompt access to their funds and securities.
If you have questions about our business continuity planning, you can contact us at email@example.com