Business Continuity Planning Disclosure Statement

ASL Capital Markets Inc. (“ASL” or the “Firm”) 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: General line 203.388.2940, Trading Line 203.388.2970, or Operations Line 203.388.2971 or via email at bcpinfo@aslcap.com, you should contact us at General line 914.417.3034, Trading Line 914.417.3032, or Operations Line 914.417.3033 and/or go to our web site at www.aslcap.com for further instructions.

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 and protecting ASL’s books and records, and allowing the Firm to transact business. In short, our Business Continuity Plan is designed to permit ASL to resume operations as quickly as possible, given the scope and severity of the significant business disruption.

Our Business Continuity Plan addresses the following:

  • data back-up and recovery;
  • all mission critical systems;
  • financial and operational assessments;
  • alternative communications with employees, regulators and other significant third parties;
  • alternate physical location of employees;
  • critical supplier, contractor, bank and counterparty impact;
  • and regulatory reporting.

ASL has engaged a third-party provider to back-up our important records in a geographically separate area and provide technical services to ASL including disaster recovery services and an alternate physical location. Varying Disruptions – Significant business disruptions can vary in their scope, affecting, for example, ASL alone, the building in which ASL’s office is located, the business district where ASL 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 affecting only ASL or the building housing our office, we will utilize the technical resources of our third-party provider to resume operations remotely when needed and will target to recover and resume business within four to eight hours. In a disruption affecting our business district, city, or region, we will similarly resume operations remotely and will target to recover and resume business within one business day. In either situation, we plan to continue in business, transfer operations to an alternate location if necessary, and notify you through our web site www.aslcap.com or our customer emergency number, 203.388.2940 or 914.417.3034, on how to contact us.

For more information

If you have questions about our business continuity planning, you can contact the Chief Compliance Officer at 203.388.2943 or via email at bcpinfo@aslcap.com.