Privacy Policy

 

CFS Policy on Protection of Consumer Information and Records

 

 

Carolina Financial Securities, LLC (CFS) is a member of FINRA.  FINRA Notice to Members 00-66 specifies that its members comply with Regulation S-P of the SEC, “Privacy of Consumer Information” (“Privacy Act”).

 

In part, the Privacy Act requires that each broker-dealer adopt policies and procedures that address the protection of customer information and records.

 

This makes up CFS’s Policy on Protection of Consumer Information and Records.

 

CFS receives confidential information in the course of its business.   This includes subscription documents and questionnaires that have been filled out by its investors.  These may contain social security numbers, home addresses, annual income, net worth, educational background, Employer Identification Numbers, and other related data that is essential for CFS to have in determining the suitability of the investors to invest in private capital.

 

It is the policy of CFS to keep all such records in utmost confidence.  It is also CFS policy not to release such information to any third party.  CFS has no affiliates who would need or want such information.  CFS’ employees are initially and continually alerted to the fact that CFS obtains confidential information about its investors which must be held in the strictest confidence.

 

CFS does not disclose any nonpublic personal information about its investors to anyone, except as permitted by law.

 

Carolina Financial Securities, LLC restricts access to anyone’s personal and information to those CFS employees who need to know that information to provide products or services to its customers.  Carolina Financial Securities, LLC maintains physical, electronic, and procedural safeguards to guard customers’ nonpublic personal information. These safeguards include keeping all confidential information within premises that are locked or manned at all times, maintaining a strict confidentiality policy, and discussing CFS’ confidentiality policies at its semi-annual continuing education meetings.