The following describes how Institutional Bond Network, LLC “IBN” handles your personal information, and the steps we take to protect your privacy. We are committed to maintaining your privacy and confidentiality while serving your account(s). If we make any changes in the way we use or disseminate confidential information, we will notify you. If you close your account with us or otherwise become a former customer, we will continue to treat your non-public personal information as described in this policy.
Sources of Information. In order to fulfill our obligations in handling your account, we will receive non-public personal information about you such as your name, address, social security number and date of birth. This information may be obtained from:
- New account applications or documents
- Consumer reporting services and third party providers we consult with in order to verify your identity
- Other sources, such as your bank or a previous brokerage firm and personal interviews
Accessing & Safeguarding Your Information. Access to customer information is authorized for IBN business purposes only. IBN requires employees who have access to customer information to protect it and keep it confidential. We maintain physical, electronic and procedural safeguards that comply with federal standards to guard your non-public personal information. IBN continues to assess new technology to evaluate its ability to provide additional protection of your personal information.
Disclosure of Personal Information. We only share non-public personal information with outside parties in the limited circumstances that are permitted by law. This includes third party organizations who may require access to your personal information in order to work on our behalf, which may include our clearing rm, data service providers, auditors, federal and state regulators and other third parties in response to possible legal processes.
Your personal information will be maintained during the time you are a client and for at least the minimum time required by federal and state securities laws. IBN will not disclose information to anyone unless required to do so by law or when you have provided us with your consent to do so.