Disclosure

This site is designed for informational purposes only and does not constitute a solicitation or offer by Cypress Associates LLC to buy or sell any securities or to provide any investment advice or service. Cypress Associates LLC is the trade name for certain investment banking services executed through Cypress Partners LLC, member of FINRA & SIPC For FINRA broker check go to: brokercheck.finra.org Information about the SIPC (Securities Investor Protection Corporation) may be obtained by contacting SIPC. You may review their website at www.sipc.org , or call them at (202) 371-8300 to obtain a SIPC brochure or get further information.

The Securities Exchange Commission enacted Regulation S-P, the “privacy rule” in response to the Gramm Leach-Bliley Act. The rule requires all broker-dealer firms to provide all of its customers and consumers a disclosure statement, outlining the firm’s procedures and policies regarding the safeguarding of “non-public personal information” that is obtained during the normal course of business. Cypress Associates LLC understands your Privacy is important and the firm has always been committed to maintaining your confidentiality. This notice will help you understand what types of nonpublic personal information-information about you that is not publicly available — we may collect how we use it and how we protect your privacy. We recognize that you expect your personal information to be handled in a professional, confidential manner and we have adopted the following policies to safeguard your privacy and to explain the circumstances, under which we may collect, maintain and use any non-public personally identifiable information that you provide us. We collect information about you to help us serve your financial needs, provide customer service, offer new products or services, and fulfill legal regulatory requirements. The type of information we collect may include:

  • Information we receive from you on applications or other forms (for example, your name, address, social security number, taxpayer ID number, assets and income).
  • Information about your transactions with us or others (for example, your account balance, payment history, or parties to transactions).
  • Information that we receive from a credit reporting agency such as your creditworthiness and credit history.
  • Information that we receive from independent reporting agencies when we conduct a background check.

We do not share non-public personal information about you with unaffiliated third parties with whom we have no contractual business relationship for their independent use unless (1) you give us permission, (2) it is necessary to complete a transaction on your behalf, (3) it is necessary to protect you against fraud, comply with a subpoena or other court order or is otherwise required or permitted by law. We do not sell information about you to outside unaffiliated companies. Furthermore, we restrict access to your personal and account information to those employees who need to know that information to provide products and services to you and maintain strict physical, electronic, and procedural safeguards to guard your nonpublic personal information. If you decide to close your account(s) or become an inactive customer, we will adhere to the privacy policies and practices as described in this notice. We reserve the right to change these privacy policies at any time. You will receive appropriate notice of changes to our Privacy Policy.

Cypress Associates LLC has developed a Business Continuity Plan on 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 business continuity plan. 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 our firm to resume operations as quickly as possible, given the scope and severity of the significant business disruption. Our business continuity plan addresses: data back-up and recovery; all mission critical systems; financial and operational assessments; alternative communications with customers, employees, and regulators; alternate physical location of employees; critical supplier, contractor, bank and counter-party impact; and regulatory reporting. Varying Disruptions – Significant business disruptions can vary in their scope, such as only our firm, a single building housing our firm, the business district where our 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 disruption to only our firm or a building housing our firm, we will transfer our operations to a local site when needed and expect to recover and resume business within 1 day. In a disruption affecting our business district, city, or region, we will transfer our operations to a site outside of the affected area, and recover and resume business within 2 days. In either situation, we plan to continue in business, and notify you through our web site www.cyprs.com or our customer emergency number, Tel: 646-443-0004 on how to contact us. If the significant business disruption is so severe that it prevents us from remaining in business, we will assure our customer’s prompt access to their funds and securities. Contacting Us – If after a significant business disruption you cannot contact us as you usually do at Tel: 212-682-2222 or email: info@cyprs.com , you should call our alternative number Tel: 646-443-0004 or go to our web site at www.cyprs.com. If you cannot access us through either of those means, you should contact our other alternative number Tel: 646-443-0010.