Business Continuity Disclosure

 

City Securities Corporation maintains a Business Continuity Plan (BCP) in accordance with NASD Rule 3510.  The following information summarizes our planned responses to significant business disruptions of varying severity: 

  • For firm-only incidents, City Securities Corporation maintains a co-location facility housing all business critical systems and applications.  System backups are located and retrievable from the co-location facility as well as an off-site location.
  • For local or citywide disruptions, City Securities Corporation maintains a fully functional Business Continuity Site for conducting business with relocated key employees.  Other employees with portable computers have remote access via the Virtual Private Network, which allows for full functionality from any internet connection.

City Securities Corporation fully expects to conduct business during times of business disruption.  We have made arrangements for our telephones to be forwarded to a Business Continuity Site in the event of a business disruption.  After a significant business disruption, you can contact us by telephone as usual at 317-634-4400 or 1-800-800-CITY.  If you are unable to reach us via telephone, please consult our web site at http://www.citysecurities.com for updated contact information.  If you are unable to access our website and telephone communications are not functioning, you should contact our clearing firm, First Clearing Corporation, at 1-866-886-8139, or visit its website at http://www.firstclearingllc.com, for instructions on how clients may gain prompt access to funds and securities, enter orders and process other trade-related, cash and security transfer transactions.

 

Significant business disruptions can differ in scope, affecting only our firm or affecting the entire city or region.  Each disruption can vary in scale from a minimal disruption to a severe disruption.  If the significant business disruption is so severe that it prevents us from remaining in business, we will make every effort to assure that our clients have access to their funds and securities.

 

The BCP is subject to change.  When the plan is updated, a new summary will be posted promptly on the firm’s web site.