Milbank Roy & Co.,LLC,  Milbank Roy Securities, LLC; and its affiliates ("Milbank Roy") have published this site in the United States for residents of the United States only and this site is solely for informational purposes. As such, the information and opinions provided on this site are not intended for distribution to, or use by, any specific person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation, nor should it be considered a solicitation or offer by Milbank Roy or any of its affiliates to purchase or sell any investment service, advice or product. Milbank Roy and any of its employees acting as an agent, may transact business in a particular state only if first registered, excluded or exempted from registration requirements either individually or as a firm.

Disclosure Statement

Milbank Roy does not guarantee the accuracy, validity, timeliness, completeness or suitability of any information or data made available to you on this site or through external links. Milbank Roy disclaims all warranties, express or implied, including, but not limited to, warranties of title, non-infringement, merchantability or fitness for a particular purpose. Milbank Roy will not be liable for any damages or injuries arising out of your use of any such information or data, including without limitation, damages relating to any (i) error, omission, interruption, delay in operation or transmission, (ii) computer virus, (iii) failure or defect in any communication facilities, hardware or software, (iv) theft and destruction or unauthorized access to, alteration of, or use of information, whether resulting in whole or in part from negligence or otherwise. The use of this web site is at your own risk.

Except as may be expressly authorized, no information or material contained in this site may be reproduced, transmitted, displayed or commercially exploited without the written consent of Milbank Roy.

Privacy Policy

Milbank Roy does not disclose any Personal Information obtained about its clients, except as required or permitted by law. Permitted disclosures include, for instance, allowing Managing Directors, officers, associates and analysts of Milbank Roy and its affiliates access to information and making information available to Milbank Roy's service providers such as its attorneys and accountants. Milbank Roy does not disclose Personal Information to any other unrelated third parties except to the extent appropriate.

Milbank Roy is committed to preserving the confidentiality and security of its clients’ Personal Information and maintains physical, electronic and procedural protections designed to guard Personal Information against impermissible disclosure.

Business Continuity Plan

We have prepared, and always maintain a current Business Continuity Plan (“BCP”) in compliance with NASD Rule 3510. This document outlines our plans to continue business and meet our existing obligations to customers in the event of a Significant Business Disruption (“SBD”). Our BCP is summarized below:

Our firm’s policy is to respond to a SBD by safeguarding employees’ lives and firm property, making a financial and operational assessment, quickly recovering and resuming operations, protecting all of the firm’s books and records, and allowing our customers to transact business.  We will make every reasonable effort to meet our obligations to customers at all times.

Our plan anticipates two kinds of SBD’s, internal and external.  Internal SBD’s affect only our firm’s ability to communicate and do business, such as a fire in our building.  External SBD’s prevent the operation of the securities markets or a number of firms, such as a terrorist attack, a city flood, or a wide-scale, regional disruption. Our response to an external SBD relies more heavily on other organizations and systems, especially on the capabilities of our clearing firm.

In the event that we determine we are unable to continue the normal conduct of our business, due to any of the scenarios described above or any other circumstances, we will enact our BCP in order to assure customers prompt access to their funds and securities. Our BCP outlines the back-up facilities and arrangements that will be utilized in these circumstances.

We will make every reasonable effort to continue the conduct of business during any SBD, employing the use of our BCP. We plan to continue the conduct of business during any SBD unless circumstances prohibit us from doing so.

If, for any reason, at any time, we are forced by circumstances outside our direct control to discontinue business, we will immediately determine our planned recovery time and communicate those plans to all concerned parties.

Our BCP is subject to modification, update, and improvement at any time so that we may constantly assure ourselves, our customers, and any other concerned party of our readiness to confront a SBD.