Disclosures

Broker-Dealer services offered through Exos Securities LLC, Member FINRA / SIPC

General Disclosures

USA PATRIOT Act Notice

To help the government fight the funding of terrorism and money laundering activities, the USA PATRIOT Act requires all U.S. financial institutions to obtain, verify and record information that identifies each individual or legal entity that opens an account or establishes a relationship with the Firm. 

What this means: If you enter into a new customer relationship with Exos Securities LLC, we will ask for your legal name, address, identification number (TIN or SSN) and other identification information. We may also ask to see identifying documents.

This information will be used to verify your identity and, in the case of a legal entity customer, the identity of the beneficial owners. If all required documentation or information is not provided, we may be unable to open an account or establish a relationship with you.

 

Information on the Securities Investor Protection Corporation (“SIPC”)

The purpose of SIPC is to provide protection to securities clients of failed brokers or dealers who are members of the SIPC. Exos Securities LLC is a member of SIPC. Securities in your account are protected up to $500,000. Information on SIPC, including the SIPC Brochure, is available at www.SIPC.org or by contacting SIPC directly at 202-371-8300 or asksipc@sipc.org.

 

 

Customer Complaint Disclosure Statement

In accordance with SEC Rule 17a-3(a)(18)(ii), you may direct any complaints to the following:

Exos Securities LLC

12 East 49th St., 11th Fl.

New York, NY 10017

Attn: Regulatory Solutions Group

 

 

Business Continuity Disclosure

Exos Securities LLC (the Firm) has developed a Business Continuity Plan (Plan) that sets forth how we will respond to events that significantly disrupt our business. Since the timing and impact of disasters and disruptions is unpredictable, we will have to be flexible in responding to actual events as they occur. With that in mind, we are providing you with this information on our Plan.

Contacting Us – If after a significant business disruption you cannot contact us as you usually do at +1-212-498-8942, or at our website at www.exosfinancial.com,  you should contact our clearing firms:  ICBC (fixed income) at  +1-212-993-7304, RJ O'Brien (futures) at  +1-312-373-5146  and Cantor Fitzgerald (equities) at +1-212-610-2320 for instructions on how they may provide prompt access to funds and securities, process trade-related inquiries or transactions, and gain access to cash and security information and transactions in the event of a significant business disruption.

Our Business Continuity Plan – We plan to quickly recover and resume business operations after a significant business disruption and respond by safeguarding our employees and property, making a financial and operational assessment, protecting the Firm’s books and records, and allowing our customers to transact business. In short, our business continuity plan is designed to permit the Firm to resume operations as quickly as possible, given the scope and severity of the significant business disruption.   

Our business continuity plan addresses: data backup and recovery; all mission critical systems; alternative communications with customers, employees, and regulators; alternate physical location of employees; critical suppliers, contractors, banks and counter-parties impact; regulatory reporting; and assuring our customers prompt access to their funds and securities if we are unable to continue our business. 

Our clearing firms back up our important records in a geographically separate area.

 

While every emergency situation poses unique problems based on external factors, such as time of day and the severity of the disruption, we have been advised by our clearing firms that its objective is to restore its own operations and be able to complete existing transactions and accept new transactions and payments within 24 hours. Your orders and requests for funds and securities could be delayed during this period.    

Varying Disruptions – Significant business disruptions can vary in their scope, such as only the Firm, a single building housing the Firm, the business district where the Firm is located, the city where we are located, or the whole region. Within each of these areas, the severity of the disruption can also vary from minimal to severe. In a non-catastrophic or catastrophic disruption we will invoke our Plan and instruct our employees to work remotely from home or from another location as necessary and resume business as soon as possible.   In either situation, we plan to continue in business, transfer operations to our clearing firms if necessary, and notify you through our website www.exosfinancial.com or +1-212-498-8942​​.

For more information – If you have questions about our business continuity planning, you can contact us at +1-212-498-8942 or info@exosfinancial.com.