DISCLOSURES
Routing
Practices / Privacy
Policy / USA
Patriot Act / Business
Continuity
Routing Practices (SEC Rule 11Ac1-6)
Our clearing firm, Pershing LLC ("Pershing") has provided
the data concerning the routing of order flow ("Data") on the
web site linked below. Although Pershing has used commercially
reasonable efforts to provide accurate Data, Data is provided
to you on an "as is" basis.
If you would like to read this information, you will be required
to enter our Broker-Dealer name when you access the website:
Lawson Financial Corporation. You may copy it from the
preceding sentence and paste it into the Pershing
form.
Privacy Policy
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Lawson Financial Corporation takes very seriously
the responsibility to protect your personal information. We
understand your information is personal and confidential and
we have established policies and procedures to protect the
confidential nature of your information.
This notice describes the policies Lawson Financial Corporation
uses to protect your privacy. We explain the types of information
we collect and disclose, with whom that information is shared
and how we protect the confidentiality of your information.
As long as our policies and procedures meet your expectations,
there is nothing you need to do. If you do not want information
about you shared as outlined, please review the section Options
Available To You and
inform us in writing of any option you may choose.
The Security of Information
Lawson Financial Corporation has strict standards of security
to safeguard the confidentiality of your information. We have
physical, electronic, and procedural safeguards in place to
protect your information. These policies and procedures used
to protect your information are reviewed frequently and updated
as needed.
Information about you is available to authorized employees
in each branch as well as the operations departments. Their
access to your information is limited to only the information
they need to provide products, services and information to
you. Those who are granted access to your information are
held accountable to follow established policies and procedures
as well as the law.
The Information We Collect
We collect information from you to create and promote relationships.
Having accurate information about you helps us to provide
better customer service, comply with legal and regulatory
requirements as well as increase the effectiveness and efficiency
of our operations department. The information we collect about
you varies according to the products and services you request.
This may include the following information:
- Information we receive from you upon opening a new account,
applications or other forms, such as a name, address, Social
Security number, birth date, net worth and income.
- Information we receive from consumer reporting agencies
such as credit history.
- Information about your transactions and experience with
us, such as products purchased, certificate values,
account balances and payment history.
Sharing Your Information
We may make disclosures to other entities as permitted or
required by law. We are permitted to share information about
you to help us process transactions and administer customer
service that you request or authorize. We are also permitted
to share your information with organizations that perform
services for us on our behalf such as clearing corporations
and printing or mailing services. In addition, we are required
to disclose information to you in certain instances, such
as to detect fraud or to comply with an inquiry by a government
agency or regulator.
Accuracy of Your Information
To insure better customer service, our goal is to keep your
information accurate and up-to-date. You may request access
to and correction of your information by writing us at our
address at the end of this notice.
Information Regarding Former Clients
If you no longer have the products or services with us, we
will not disclose your information other than as permitted
or required by law.
Options Available To You
As discussed in this notice, we disclose information about
you with our clearing corporation, Pershing LLC Clearing,
as well as printing and mailing companies. Certain disclosures
are permitted by law and are necessary for us to conduct our
business to the benefit of our customers.
You may inform us not to share information about you by writing
us and selecting one or more of the options below:
- You may direct us not to share information about you with
other organizations, other than as permitted or required by
law, and with other financial institutions to inform you of
products, services or benefits.
- You may request that we remove your name from some or
all of our internal marketing lists. You should know that
our regular service mailings might still contain marketing
materials.
ONCE YOU HAVE WRITTEN TO US REQUESTING THESE CHANGES, IT
MAY TAKE UP TO EIGHT WEEKS TO MAKE YOUR OPTIONS FULLY EFFECTIVE.
ANY ACCOUNT HOLDER MAY CONTACT US TO PREVENT THE SHARING OF
THIS INFORMATION. HOWEVER, YOU NEED TO LET US KNOW IF YOUR
DECISION APPLIES TO ALL ACCOUNT HOLDERS.
USA Patriot Act
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To help the government fight the funding of terrorism and
money laundering activities, Federal law requires all financial
institutions to obtain, verify, and record information that
identifies each person who opens an account.
What this means for you: When we open an account, we will
ask for your name, address, date of birth and other information
that will allow us to identify you. We may also ask to see
your driver’s license of other identifying documents.
Business Continuity Plan
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Lawson Financial Corporation maintains a business continuity
plan, including the business continuity plan of our clearing
corporation, Pershing LLC. Pershing’s business continuity
plan is available online at www.pershing.com under
the heading of About Pershing. Lawson Financial Corporation’s
plan is available right here. Both Lawson Financial Corporation
and Pershing will review these plans annually and update as
necessary.
Our plans outline the actions Lawson Financial Corporation
will take in the event of a building, city-wide, or regional
incident, including relocating technological and/or operational
personnel to different addresses to resume business. Our data
processing that has to do with your account is all done through
Pershing who has the ability to switch their data to alternate
regional data centers.
All Pershing operational facilities are equipped for resumption
of business and are tested several times a year. Their recovery
time objective for business resumption, including those involving
relocation of personnel or technology, is four hours. This
recovery objective may be negatively affected by the unavailability
of external resources and circumstances beyond our control.
Lawson Financial Corporation has four branches and has the
ability to recover phone calls from each office. In the event
of an interruption of business you may call any of the various
numbers listed on our web site, under Affiliated
Offices. If you are unable to reach someone at these offices,
you are requested to visit the Customer Support page of www.pershing.com.
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