Privacy Policy
Dear Westport Capital Markets, LLC Customer: The following is being provided to you as required by the Securities and Exchange Commission ("SEC") Regulation S-P, "Privacy of Consumer Financial Information". Effective July 1, 2001, this notice will be sent to (a) all new customers, (b) all existing customers annually. Should you have any questions or concerns regarding this notice, please contact Marisa Maher at 203-222-8932.
Notice of Westport Capital Markets, LLC Privacy Policy
Our Commitment to Your Privacy: Westport Capital Markets, LLC ("WCM") has a standing policy of protecting the confidentiality and security of information we collect about customers for which we provide brokerage and/or investment advisory services. We will not share nonpublic information about you ("Information") with third parties except for the specific purposes described below. This notice describes the information we may gather and the circumstances under which we may share it. JP Morgan Clearing Corp. ("JP Morgan") our clearing broker, has an additional separate privacy policy, which explains its privacy practices.
Why We Collect and How We Use Information: We limit the collection and use of Information to the minimum we require to deliver service to you. Such service includes maintaining your accounts with JP Morgan, processing transactions requested by you and administering our business.
How We Gather Information: We get most Information directly from you when you apply for, access and use financial products and services offered by WCM — whether in person, by telephone or electronically. This Information may relate to your finances, employment, or other personal characteristics. How We Protect Information: Our employees are required to protect the confidentiality of Information. They may access Information only when there is an appropriate reason to do so. We also maintain physical, electronic and procedural safeguards to protect Information which comply with all applicable laws. Employees who violate our Privacy Policy are subject to disciplinary action.
Disclosure of Information: We may disclose any Information to or as directed by JP Morgan, when we believe it necessary for the conduct of our business, or where disclosure is required by law. For example, Information may be disclosed for audit or research purposes, to attorneys or other professionals, or to law enforcement and regulatory agencies, for example to help us prevent fraud. In addition, we may disclose Information to third party service providers (i) to enable them to provide business services for us, such as performing computer related or data maintenance or processing services for us, (ii) to facilitate the processing of transactions requested by you, (iii) to assist us in offering products and services to you, or (iv) for credit review and reporting purposes. Except in those specific, limited situations, without your consent, we will not make any disclosures of Information to outside companies or individuals.
Former Customers: Even if you are no longer a customer of WCM, our Privacy Policy will continue to apply to you.
To Whom This Policy Applies: This Privacy Policy applies to products or services provided by Westport Capital Markets, LLC offices in the United States.
Access to and Correction of Information: If you desire to review any file we may maintain for your personal Information, please contact us. If you notify us that any Information is incorrect, we will review and correct our records. If there is a dispute, a short statement may be submitted which we will include in future disclosures.
Further Information: We reserve the right to change this Privacy Policy. The examples contained within this Privacy Policy are illustrations and they are not intended to be exclusive. This notice complies with a recently enacted Federal Law and new SEC regulations regarding privacy. You may have additional rights under other foreign or domestic laws that may apply to you.
IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT
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 you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We will also ask to see your driver’s license or other identifying documents.
Westport Capital Markets, LLC