Disclosure Notice
The Securities and Exchange Commission requires us to advise you of our policies regarding receipt of compensation for directing order flow in equity securities. Buell Securities does not receive compensation for directing order flow in equity securities.
Also pursuant to SEC Rule 11Ac1-6, Buell Securities must disclose upon request it “disclosure of order execution information”. Customers may request this information in writing or may wish to access on the following internet web site by clicking this link.
Buell Securities Corp obtains non-public information about our clients. It is our policy Not to disclose any non-public information in the course of our business except as required by law. Permitted disclosures include, providing information to our employees, and in limited situations, to unrelated third parties who need to know that information to assist us in providing services to you. In all such situations, we stress the confidential nature of the information being shared.
Business Continuity Planning - Buell Securities has developed a Business Continuity Plan on how we will respond to events that significantly disrupt our business. Since the timing and impact of disasters and disruptions is unpredictable, we will have to be flexible in responding to actual events as they occur. With that in mind, we are providing you with this information on our business continuity plan.
Contacting Us - If after a significant business disruption you cannot contact us as you usually do at 800-272-2468 or by email at info@buellsecurities.com you should call our alternative number 860-657-1700 [or go to our web site Buellsecurities.com]. If you cannot access us through either of those means, you should contact our clearing firm, Raymond James, Client Services, at 1-800-647-7378 or go to their web site www.raymondjames.com. Raymond James will provide you with instructions on how they may assist you with the following: Account balances; Order entry (liquidations only); Fund transfers; Account transfers; Account activity; Tax information and documents; Account statements and checking requests.
Our Business Continuity Plan - We plan to quickly recover and resume business operations after a significant business disruption and respond by safeguarding our employees and property, making a financial and operational assessment, protecting the firm’s books and records, and allowing our customers to transact business. In short, our business continuity plan is designed to permit our firm to resume operations as quickly as possible, given the scope and severity of the significant business disruption.
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.
Our Clearing Firm, Raymond James, 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 our clearing firm that its objective is to restore its own operations and be able to complete existing transactions and accept new transactions and payments within four [4] hours. Your orders and requests for funds and securities could be delayed during this period.
Varying Disruptions – Significant business disruptions can vary in their scope, such as only our firm, a single building housing our firm, the business district where our firm is located, the city where we are located, or the whole region. Within each of these areas, the severity of the disruption can also vary from minimal to severe. In a disruption to only our firm or a building housing our firm, we will transfer our operations to a local site when needed and expect to recover and resume business within 2 hours. In a disruption affecting our business district, city, or region, we will transfer our operations to a site outside of the affected area, and recover and resume business within 2 hours. In either situation, we plan to continue in business, transfer operations to our clearing firm if necessary, and notify you through our web site www.buellsecurities.com or our customer emergency number, 860-657-1708 how to contact us. If the significant business disruption is so severe that it prevents us from remaining in business, we will assure our customer’s prompt access to their funds and securities.
Investor Education and Protection - Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Further information can be found by following the link to BrokerCheck. Additional information can be found by viewing the MSRB Investor Brochure.
Client Relationship Summary - To view this document please click this link (updated 01 NOV 2023).
Client Fees and Charges - To view this document please click this link.
For more information – If you have questions about our business continuity planning, you can contact us at 800-272-2468 or buellsecurities.com.