 Amherst Securities Group LP respects your right to privacy. We have always been committed to secure the confidentiality and integrity of your personal information. We are proud of our privacy practices and want our current and prospective customers to understand what information we collect and how we use it.
Why We Collect Your Information
We gather information about you and your accounts so that we can (i) know who you are and thereby prevent unauthorized access to your information, (ii) design and improve the products and services we offer and (iii) comply with the laws and regulations that govern the financial industry.
What Information We Collect
We collect 'nonpublic personal information' about you:
•Information about your identity, such as your name, address and taxpayer identification or social security number;
•Information about your transactions with us;
•Information we receive from you on applications, such as your finances or employment.
Sources From Which We Obtain Your Information
We collect nonpublic personal information about Amherst Securities Group LP clients such as you from the following sources:
•Information we receive from you on applications or other forms;
•Information about your transactions with us, or others; and
•Information we receive from a risk management firm or third-party vendor for verification purposes.
What Information We Disclose
Your securities account is carried by one or both of our clearing firms pursuant to clearing agreements. We may disclose all the information we collect regarding your account. Our clearing firms are contractually obligated to keep the information that we provide them confidential and use the information only for the services required and as allowed by applicable law or regulation.
Amherst Holdings, LLC, the parent company of Amherst Securities Group, LP and its general partner, ASG General Partner, Inc., owns Amherst Derivatives Trading, LLC. We may disclose all the information we collect regarding your account to these companies and affiliates to assist us in offering other products and services to you. These entities are one corporate family and may work together to help us better serve your investment needs or to suggest services or educational materials that may be of interest to you.
We do not disclose any nonpublic personal information about our customers or former customers to anyone, except as permitted by law and noted above. Moreover, we will not release information about our customers or former customers, except as noted above unless one of the following conditions is met:
• We receive your prior written consent.
• We believe the recipient to be you or your authorized representative.
• We are required by law to release information to the recipient.
Confidentiality And Security
We maintain physical, electronic and procedural safeguards to guard your personal account information. We also restrict access to your personal and financial data to authorized associates who have a need for these records. We require all nonaffiliated organizations to conform to our privacy standards and are contractually obligated to keep the information provided confidential and used as requested. Furthermore, we will continue to adhere to the privacy policies and practices described in this notice even after your account is closed or becomes inactive.
The examples contained within this Privacy Policy are illustrations and are not intended to be exclusive. If there are material changes to this policy they will be posted on our website at www.asglp.com.
Last updated on June 27, 2008.
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