Business Continuity Plan

Business Continuity Disclaimer

RCap Securities, Inc. (“RCap”), in conjunction with its parent Annaly Capital Management, Inc. (“Annaly”) participates in a firm wide business continuity plan (the “Plan”) to assess and manage the effects of emergency disruption on its business operations in an effort to provide continuity of critical business functions including completing securities transactions and providing clients' access to their cash and securities. Due to the confidential nature of certain aspects of the plan, this summary has been provided and more details may be made available upon written request.

With regard to customers’ access to funds and securities, there are no customer funds or securities held by RCap. All customer transactions conducted on an RVP/DVP basis are held in central depositories or custodian banks (such as Bank of New York Mellon, DTC, Government Securities Clearing Corporation). You should contact your custodian bank directly if you have questions relating to availability of your funds or securities.

While it is impossible to predict the scope or impact of any business disruption, RCap’s plan has been designed to take in to consideration the impact on its operations, as well as the impact to each of its affiliates, at varying levels of disruption ranging from minor to catastrophic. The plan details “mission critical” systems, backup and recovery plans for those systems, identifies key vendor contacts, and has established remote locations from which it is expected that the firm should be able to conduct a minimum level of business activities for an extended duration if the need arises.

RCap has designed a plan which may rely on infrastructure over which RCap and Annaly have no control. While we believe that we are adequately prepared in the event of a total loss of our systems at a local level, we cannot guarantee that we will be able to operate at any level in the event of a widespread catastrophic destruction.

In the event of a business disruption, it is anticipated that the Company will be reachable by telephone at (646) 829-0141. In the event you are unable to reach RCap by telephone, a number of conference call numbers are maintained which may be used to facilitate communication with business constituents during a business interruption:

1 877-647-3411 (US only)
Passcode: 482378

While the intention is to provide uninterrupted communications, depending on the severity of the incident there may be a minimal to substantial delay in re-establishing channels of communication. It is RCap’s intent to notify customers as soon as practicable the status of business operations and it is imperative that you provide us with any updates to your contact information immediately. If you are a current customer or counterparty and you would like to obtain more detailed information on our BCP, please send a written request to:
RCap Securities, Inc.,
1211 Avenue of the Americas,
Suite 2902,
New York, NY 10036.

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Member FINRA/SIPC | NOT FDIC INSURED | NOT BANK GUARANTEED