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LEGAL INFORMATION

BrokerBank Securities, Inc. Disclaimer of Warranty and Limitation of Liability

The information on this site is provided "AS IS". BrokerBank Securities, Inc. does not warrant the accuracy of the materials provided herein, either expressly or impliedly, for any particular purpose and expressly disclaims any warranties of merchantability or fitness for a particular purpose. BrokerBank Securities, Inc. will not be responsible for any loss or damage that could result from interception by third parties of any information made available to you via this site. Although the information provided to you on this site is obtained or compiled from sources we believe to be reliable, BrokerBank Securities, Inc. cannot and does not guarantee the accuracy, validity, timeliness or completeness of any information or data made available to you for any particular purpose. Neither BrokerBank Securities, Inc., nor any of its affiliates, directors, officers or employees, nor any third party vendor will be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or interruption of this site, or resulting from the act or omission of any other party involved in making this site or the data contained therein available to you, or from any other cause relating to your access to, inability to access, or use of the site or these materials, whether or not the circumstances giving rise to such cause may have been within the control of BrokerBank Securities, Inc. or of any vendor providing software or services support. In no event will BrokerBank Securities, Inc., its affiliates or any such parties be liable to you for any direct, special, indirect, consequential, incidental damages or any other damages of any kind even if BrokerBank Securities, Inc. or any other party have been advised of the possibility thereof.

BrokerBank Securities, Inc.'s Anti-Money-Laundering Program

Following the attacks on 11 September 2001, the U.S. government enacted the USA PATRIOT Act, which is designed to prevent the use of the U.S. financial system to help fund terrorism and other crimes. The Act, which is similar to regulations in other countries in which we do business, imposes a series of new anti-money-laundering requirements on brokerage firms and other financial institutions. BrokerBank Securities, Inc. has had a vigorous money-laundering prevention program in place for several years. In accordance with the Act, we have undertaken efforts to further enhance these existing policies and procedures.

We believe that compliance with the new regulations is of the utmost importance, and have dedicated significant resources to ensure that BrokerBank Securities, Inc. helps set the standard for best practices in this area.

We have dedicated ourselves to enhancing our existing efforts in the fight against money laundering around the globe.

Our Program

Under the USA PATRIOT Act and other regulations, financial services firms must establish a compliance program, which includes policies and procedures to detect and report suspicious transactions to the government, as well as ensure compliance with the new laws. Firms must also implement specialized employee training programs, designate a special compliance officer and conduct independent audits of the effectiveness of the compliance program.

BrokerBank Securities, Inc. has named an anti-money-laundering officer to lead our program. We are implementing an enterprise-wide suspicious activity reporting system that will enable us to better report suspicious activity to the government. All of our employees are being trained in anti-money-laundering practices and procedures, as well as the details of the firm's policies.

The regulations also impose new requirements regarding client information and verification of that information. Financial services firms are required to verify the identity of the clients with whom they do business, determine the source of funds in a client's account and obtain the information about a client's wealth.

At BrokerBank Securities, Inc., we have always stressed the importance of knowing our clients. This tradition has developed not only from regulatory requirements but also from the belief that the better we know our clients, the better we can serve their financial needs.

As part of our compliance with the new Act and in support of the fight against money laundering around the world, we may ask clients for additional information and documentation about certain accounts and transactions. This information may be used to verify client identity.

With the advent of the USA PATRIOT Act and our enhanced compliance, BrokerBank Securities, Inc. clients can take even greater comfort in doing business with us. Please be prepared to give us a copy of your drivers license or a copy of identification information on a current passport.

Money laundering is the process of disguising illegally obtained money so that the funds appear to come from legitimate sources or activities. Money laundering occurs in connection with a wide variety of crimes, including terrorism, illegal arms sales, drug trafficking and public official corruption.