Rothschild investment Corporation maintains a business continuity plan to address interruptions to our normal course of business. In addition, our clearing firm maintains a business continuity plan. These plans are reviewed annually and updated as necessary.
Our firm’s plan details the steps we will take to perform a risk assessment in the event of an internal business disruption (unique to our firm), or an external business disruption (terrorist attack, city-wide disruption, or a wide-scale regional disruption). We will be prepared to relocate technology and personnel if necessary to alternate locations. In the event of a significant business disruption to our office, our objective for business resumption is four hours. (This objective may not be achievable due to circumstances beyond our control.)
If business resumption cannot be achieved in a timely manner, our customers will be contacted and instructed to deal directly with our clearing firm so that they may access their funds and securities. Our clearing firm tests its operational facilities for resumption of business several times per year. If instructed, our customers will contact our clearing firm directly at:
Pershing LLC
PO Box 2065
Jersey City, NJ 07303-2065
(201) 413-3635 o
(201) 413-5368 f
www.pershing.com
This disclosure statement is provided to our customers at account opening, and we will also provide this disclosure to our customers annually on their monthly statement.
