Private Equity Securities, Inc.

Business Continuity  Disclosure Statement

 

In accordance with securities industry regulations, Private Equity Securities, Inc. (Firm) has developed a business continuity plan that is intended to permit us to continue critical business operations during a Severe Business Disruption (SBD). Interruptions in business many take many forms including natural disasters, utilities disruptions, and human-related events. Some interruptions may be localized and of short duration, whereas others may be life-changing events.

 

 

The Firm’s primary contacts in the event of a SBD are:

 

Ron Howell, President, CEO , CCO

Phone: 949-752-5020

Email: ron@privateequitysecurities.com

 

Kevin Martin

Phone: 949-752-5020

Email: kevin@privateequitysecurities.com

 

While there can be no assurance that service will continue without interruption in all circumstances, our plan does address the actions that we will take in the event that there are significant disruptions affecting a single building, a business district, a citywide area, or an entire region. Restoration of account access is the first step, followed by restoration of other business critical operational systems.

 

In the event of a Significant Business Disaster affecting Private Equity Securities, the firm will immediately or as soon as possible notify its clearing firm Legent Clearing LLC (“Legent”).

 

In the event of a Significant Business Disaster affecting Private Equity Securities, customers of Private Equity Securities will continue to have access to their funds and accounts both via online at www.legentclearing.com and via phone by contacting Legent directly 1-866-774-0218.

 

Please note that Legent Clearing will perform liquidation-only transactions, check requests and wire requests directly from customers with proper letters of authorization.  Legent will not accept purchase or buy orders.  Due to limited staff available for direct client contact, general account inquiries such as stock or bonds quotes, balance inquiries, market information, etc. should not be directed to Legent Customer Service.

 

The Firm’s own back-up facility is located well away from our primary facilities so that it may not be affected by a regional disruption.

 

The location of the Firm’s back-up facility is: One Park Plaza, Ste. 600, Irvine, CA 92614 Phone: 714-688-6908.

 

The Firm’s BCP plan is reviewed, tested, revised (if necessary), and approved by an executive of the Firm on an annual basis.