CHADBOURN SECURITIES, INC.

IMPORTANT DISCLOSURE INFORMATION BUSINESS CONTINUITY PLAN

Chadbourn Securities, Inc has a Business Continuity Plan in place to respond to events that significantly disrupt our business such as trading, deposits, withdrawals, any market sensitive items, and ensuring that customers have access to their cash and securities. Since timing and impact of disasters and disruptions are unpredictable we will be flexible in responding to actual events as they occur. Types of disasters that could affect the firm, building in which the firm is located, city, or region are:

  • Natural Causes
  • Fires
  • Hurricanes
  • Earthquakes
  • Floods
  • Tornadoes
  • Technical Causes
  • Hardware/Software Failures
  • Prolonged Loss of Utility Service
  • Human Causes
  • Riots
  • Strikes
  • Bombs

Our Business Continuity Plan is designed to permit our firm to resume operations as quickly as possible, given the scope and severity of the business disruption. The plan calls for the routing of phone calls, trades, faxes, and mail to an alternate (out of state) Chadbourn Securities location. Business is intended to be reinstated within a short period of time, allowing customers to access funds, place trades, make deposits, and inquire about their account(s).

During this period of time, Chadbourn will be in the process of getting an alternate site set up with mission critical systems, data back up and recovery, policies and procedures, and employees in order to resume business within a reasonable time after the business disruption. Chadbourn's clearing firm, First Southwest Company, will be notified of any business disruption involving Chadbourn Securities and their contact information will be posted on the Chadbourn website in the event of a business disruption. First Southwest Company will be available to customers if needed for trading, deposits, withdrawals, and inquiries.

Clients may be kept up to date on the business disruption by accessing the Chadbourn Securities website address www.chadbournsecurities.com.  Modifications to the plan will be updated promptly.

For more information you can contact us by email info@chadbournsecurities.com or write us at:

Chadbourn Securities Inc.

Attn: Compliance Department

9191 R.G. Skinner Parkway Suite 501

Jacksonville, FL 32256

 

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