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Lamont Trading Advisors, Inc. has adopted various procedures to implement
the firm's policy and reviews to monitor and insure the firm's policy is
observed, implemented properly and amended or updated, as appropriate,
which include the following:
Non-Disclosure of Client Information
Lamont Trading Advisors, Inc. maintains safeguards to comply with federal
and
state standards to guard each client's nonpublic personal information.
Lamont
Trading Advisors, Inc. does not share any nonpublic personal information
with
any nonaffiliated third parties, except in the following circumstances: As
necessary to provide the service that the client has requested or
authorized, or
to maintain and service the client's account; As required by regulatory
authorities
or law enforcement officials who have jurisdiction over Lamont Trading
Advisors,
Inc., or as otherwise required by any applicable law; and To the extent
reasonably necessary to prevent fraud and unauthorized transactions.
Employees are prohibited, either during or after termination of their
employment,
from disclosing nonpublic personal information to any person or entity
outside
Lamont Trading Advisors, Inc., including family members, except under the
circumstances described above. An employee is permitted to disclose
nonpublic
personal information only to such other employees who need to have access
to
such information to deliver our services to the client.
Security and Disposal of Client Information
Lamont Trading Advisors, Inc. restricts access to nonpublic personal
information
to those employees who need to know such information to provide services
to
our clients. Any employee who is authorized to have access to nonpublic
personal information is required to keep such information in a secure
compartment or receptacle on a daily basis as of the close of business
each day. All
electronic or computer files containing such information shall be
password secured and firewall protected from access by unauthorized
persons.
Any conversations involving nonpublic personal information, if appropriate at all,
must be conducted by employees in private, and care must be taken to avoid
any unauthorized persons overhearing or intercepting such conversations.
Any
employee who is authorized to possess "consumer report information" for a
business purpose is required to take reasonable measures to protect
against
unauthorized access to or use of the information in connection with its
disposal.
Privacy Notices
Lamont Trading Advisors, Inc. will provide each natural person client with
initial
notice of the firm's current policy when the client relationship is
established.
Lamont Trading Advisors, Inc. shall also provide each such client with a
new
notice of the firm’s current privacy policies at least annually. If, at
any time,
Lamont Trading Advisors, Inc. adopts material changes to its privacy
policies,
the firm shall provide each such client with a revised notice reflecting
the new
privacy policies. The Compliance Officer is responsible for ensuring that
required
notices are distributed to the Lamont Trading Advisors, Inc.'s consumers
and
customers.
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