SEC Order Handling Disclosure
SEC regulations require that broker-dealer firms disclose to clients information with respect to the broker-dealer's order handling practices. These regulations require that RBC Capital Markets identify the different market centers to which the Firm routes client orders and disclose any material relationship that the Firm may have with that market center, including the receipt of any payment received for sending client orders to that market center.
RBC Capital Markets has engaged the services of a vendor to compile and disclose the required information. By following the link below, you will be leaving the Alton Securities Group website.
Order Handling Information
ASG Business Continuity Statement
Privacy Policy and Security Statement
Your Privacy is Important
Privacy and security are as important to Alton Securities Group, Inc. as the timely and accurate execution of trades. This Privacy Policy and Security Statement describes how we protect your personal and financial information that we collect in the course of providing our financial services.
Information We Collect
We may collect nonpublic personal information about you from the following sources:
- Information gathered from applications, forms and other information you provide us (for example, your name, address, social security number, assets, liabilities, and income);
- Information about your transactions and your account experience, including your account balances, trading activity, and payment history;
- Information from consumer reporting agencies regarding your creditworthiness and credit history; and
- Information from other outside sources regarding their employment, credit, or other relationship with you, or verifying representations made by you to them, such as your employment history, loan or credit card balances, etc.
Information We Disclose and To Whom We Disclose Information
Alton Securities Group, Inc. does not disclose any nonpublic personal information about our customers or former customers to anyone, except as permitted by law.
We disclose information, as permitted or required by law, to government and regulatory agencies such as the Securities and Exchange Commission (SEC) and the Internal Revenue Service (IRS). We will make disclosures to comply with a legal summons, court order, subpoena or similar legal process, a fraud investigation, audit, or examination.
Finally, we are permitted to disclose information if you have provided your consent.
Alton Securities Group, Inc. does not sell or rent personal information to any third party.
Confidentiality and Security Procedures
We restrict access to nonpublic personal information about you to those employees who need to know such information to provide services to you. We maintain physical, electronic, and procedural safeguards that comply with federal regulations to guard your nonpublic personal information.
Alton Securities Group, Inc. will provide notice of our privacy policy annually, as long as you maintain an account with us. Alton Securities Group, Inc. reserves the right to make changes on this policy.
Account Protection
Our clearing firm, RBC Dain Correspondent Services, is a division of ™RBC Capital Markets. RBC Capital Markets is a member of the Securities Investor Protection Corporation (SIPC). SIPC is a nonprofit membership corporation funded by its member security broker-dealers. SIPC protects the securities clients of its members in the event of the failure of a member firm. SIPC reimburses clients the cash value of their securities up to $500,000 per client. Any cash in a client's account would be reimbursed by SIPC up to $100,000 (reducing the $500,000 above).
RBC Capital Markets has purchased an additional policy that offers coverage in excess of the protection provided by SIPC. This coverage covers additional securities and cash protection up to $99.5 million per client, of which $900,000 may be in cash. A $400 million aggregate limit applies to this additional coverage. RBC Capital Markets also offers protection if a client's securities are missing because of theft by an outsider, computer fraud or theft by an employee for personal gain. In such cases, the firm's CAN$310 million Financial Institution Bond coverage would cover the client's losses, subject to that policy's terms, conditions and limits.
Note: Neither SIPC protection, nor protection in excess of that offered by SIPC, covers a decline in the value of a client's assets due to market loss. Additional information is available upon request or at www.sipc.org.
Each account is therefore protected for up to $100 million in securities and $1 million in cash
