Business Continuity Plan (FINRA Rule 4370)
MPS maintains a business continuity plan (“Plan”). Consistent with regulatory requirements, MPS provides this disclosure statement which summarizes the Plan to our clients. The Plan is reviewed annually and may be updated at any time.
The Plan is designed to be activated in the event of a significant business disruption. The Plan attempts to continue critical operations if an event were to occur that would impact MPS’ business location or systems. The Plan anticipates a variety of significant business disruptions and the actions MPS would take in the event of a building, city-wide or regional incident. The Plan provides that, upon the occurrence of a significant disruption, MPS will immediately perform an initial assessment of the severity of the event. 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 MPS’ books and records, and to transact business. In short, our business continuity plan is designed to permit MPS to resume operations as quickly as possible, given the scope and severity of the significant business disruption.
If, in the event of significant business disruption, you cannot contact us as you usually do, please contact us by email at email@example.com.
MPS understands your Privacy is important and the firm has always been committed to maintaining your confidentiality. This notice will help you understand what types of nonpublic personal information – information about you that is not publicly available – we may collect, how we use it and how we protect your privacy. We recognize that you expect your personal information to be handled in a professional, confidential manner and we have adopted policies to safeguard your privacy and to explain the circumstances, under which we may collect, maintain and use any non-public personally identifiable information that you may provide us.
Please view or download our Privacy Notice.
Client Relationship Summary (Form CRS)
The Form CRS provides information about the relationship between Ministry Partners Securities and its clients. The Form CRS will help provide you with information that will help us continue to work well together. You can view our Form CRS here.
Order Routing Disclosure
SEC Rule 606 and 607 Information
SEC Rule 606 requires all broker-dealers that route orders in equity and option securities to make available quarterly reports that present a general overview of their routing practices. Transactions effected by Ministry Partners Securities LLC (MPS) are executed and settled through our clearing firm, RBC Clearing & Custody (RBC). RBC makes the routing decisions concerning the customer orders routed through them without regard to the identity of MPS as its introducing broker-dealer. RBC’s quarterly report reflects the clearing firm’s routing practices on our behalf and may be viewed here:
SEC Regulation NMS Rule 607 requires MPS to disclose its payment for order flow practices. In connection with this rule, MPS has no payment for order flow relationships with any broker dealers or third-party execution providers. However, our clearing firm, RBC may receive compensation or other consideration (“payment for order flow”) for directing such orders to particular broker-dealers or market centers for execution.