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Business Continuity Disclosure
Conover Securities Corporation has developed and maintains a business continuity plan to respond to significant business disruptions which would temporarily impair or prevent our normal business activities. Our plan outlines the actions we will take in the event of a building, city-wide or regional emergency, and includes relocating operational personnel and technology to preassigned alternate locations if necessary. The plan is designed to permit our firm to resume operations as quickly as possible, given the scope and severity of the significant business disruption. Since the severity, timing and impact of disasters and disruptions is unpredictable, we will have to be flexible in responding to actual events as they occur.
Our business continuity plan addresses: data back up and recovery; all mission critical systems; financial and operational assessments; alternative communications with customers, employees, and regulators; alternate physical location of employees; critical supplier, contractor, bank and counter-party impact; regulatory reporting; and assuring our customers prompt access to their funds and securities if we are unable to continue our business.
Although our recovery time would necessarily depend upon the nature of the disruption and the availability of external resources, we are confident that we will be able to recover and resume normal business operations in a reasonable period of time. However, we cannot assure you that service will continue without interruption in certain circumstances, such as a natural disaster or a terrorist attack.
Our clearing firm, Saxony Securities, through its relationship with Pershing, LLC, backs up our important records in a geographically separate area. While every emergency situation poses unique problems based on external factors, such as time of day and the severity of the disruption, we have been advised by Pershing that its objective is to restore its own operations and be able to complete existing transactions and accept new transactions and payments within 4 hours. Your orders and requests for funds and securities could be delayed during this period.
In the event that our business does suffer a significant business disruption, you will be able to find additional information, as well as our most recent plan update from our web site www.conover-securities.com, or by contacting us at 425-455-1040. If the significant business disruption is so severe that it prevents us from remaining inbusiness, we will assure our customers prompt access to their funds and securities.
If you have questions about our business continuity planning, you can contact us at 425-455-1040. | 
