Securities Network® provides a platform of investment banking services allowing investment bankers to perform  mergers, acquisitions, capital sourcing, and securities distributions to institutions and individuals.  If necessary, the platform offers a matrix of contacts to leverage the investment banker’s need for investors or client referrals.

The purpose of Securities Network LLC’s (“SNL”) Business Continuity Plan (“BCP”) is so that you are aware of what you need to do to in the event that our firm experiences a significant business disruption (“SBD”). As a result of our everchanging and evolving world, it has become necessary for firms in the financial services industry to take steps to ensure their preparedness to meet customer needs and resume regular business operations in a timely manner in the event of an SBD.

There are several types of SBDs varying in severity and scope that may occur on an internal or external level. An internal SBD, such as a fire in our building, would only affect the firm’s ability to conduct its normal business. An external SBD, such as an earthquake, regional power outage, or terrorist attack, would affect the operations of several firms or the financial markets as a whole.

On April 7, 2004, the Securities and Exchange Commission (“SEC”) approved the new NASD Rule 3500 Series, which requires members to establish emergency preparedness plans and procedures. Rule 3510 requires each member to create and maintain a BCP and enumerates certain requirements that each plan must address. The Rule further requires members to update their BCPs upon any material change and, at a minimum, to conduct an annual review of their BCP. Each member also must disclose to its customers how its BCP addresses the possibility of a future SBDs and how the member plans to respond to events of
varying scope.

For a Adobe PDF copy of our Business Continuity Plan please click here.   If you don't have Adobe Reader please click below to download.