Hidden Road Partners CIV US LLC (“CIV US BD” or the “Firm”) provides repurchase agreement products and cash management products to institutions, corporations, governments and agencies.
CIV US BD conducts business only with institutional accounts, as defined in FINRA Rule 4512(c) (the “Rule”). It is our client’s responsibility to inform CIV US BD should circumstances change that would cause an account to no longer be defined as an institutional account per the Rule.
The information contained herein is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or that would subject CIV US BD to any registration requirement within such jurisdiction or country.
The information contained herein does not constitute a solicitation, recommendation or offer by CIV US BD to buy or sell any securities, options or other financial instruments or provide any investment, legal, tax, or financial advice or service.
Except as expressly authorized herein you may not reproduce, transmit, sell, display, distribute, publish, broadcast, circulate, modify, disseminate, or commercially exploit any information on this site.
CIV US BD reserves the right, at its discretion, to change these Terms of Business. We suggest that you review these Terms of Business periodically for changes.
Clients of CIV US BD shall be bound by all applicable Federal laws of the United States of America and the laws of the State of New York.
The appropriate New York Federal or State court shall have exclusive jurisdiction for any action or dispute arising out of these Terms of Business. If any of these Terms of Business is held invalid or unenforceable, that part will be deemed modified as necessary to make it effective, and the remaining provisions of these Terms of Business will remain in effect.
The information provided to you in the course of dealing is provided for informational and educational purposes only and should not be considered a recommendation of any particular security, strategy or investment product, as investing, legal, tax, or financial advice of any kind, or as offering or providing any investment product or service, or as an offer or solicitation with respect to the purchase or sale of any investment by CIV US BD.
The information provided to you in the course of your dealings with CIV US BD are not directed at or intended to be distributed to any person or entity who is a resident or citizen of any jurisdiction where it would be unlawful to do so.
The information is not provided in an advisory or fiduciary capacity and may not be relied upon for or in connection with the making of investment decisions.
The views expressed to you either verbally or in writing are solely those of the authors and may differ from the views of other officers, directors, employees or other representatives of CIV US BD, are subject to change without notice and CIV US BD undertakes no obligation to provide additional information or any update to or correction of the information provided to you.
We strive to identify and manage potential conflicts that may exist within and among operations of the Firm’s various businesses. These potential conflicts may arise with regard to corporate/issuer clients, investing clients, the principal/agency trading activities of the Firm, and the interests of the Firm’s employees.
In addition to educating Firm employees on the identification and escalation of conflicts for management review, the Firm has implemented compliance policies and procedures that seek to identify and mitigate and/or remove any conflicts. Should you wish to discuss a potential conflict or the Firm’s conflict identification and mitigation practices, please contact your CIV US BD registered sales representative.
CIV US BD may have a business relationship with certain issuers or may otherwise hold a position, buy or sell as principal in the securities of any issuer mentioned. CIV US BD may have in the past provided, may currently be providing and may in the future seek to provide services to, and have other material relationships with, issuers of securities, loans and other financial instruments referred to on this site and their affiliates. With respect to any position CIV US BD may hold, CIV US BD may have interests different from or adverse to your interests.
Securities sold, offered, or recommended by the Firm are not deposits, are not insured by the Federal Deposit Insurance Corporation (“FDIC”) (www.fdic.gov), are not guaranteed by a bank, and are not an obligation or responsibility of a bank unless stated otherwise in writing.
Federal laws and regulations intended to combat terrorist financing and money laundering activities (including, but not limited to, the Patriot Act and the Bank Secrecy Act) require the Firm to obtain, verify, and record information that identifies each person or entity that opens an account with the Firm. To open an account in accordance with the foregoing, we will request a customer’s name, address, and other specific information necessary to comply with relevant laws and regulations.
Furthermore, CIV US BD provides customer order and/or account information to third parties to the extent required to process, settle or clear client transactions or for the purpose of complying with regulatory obligations. The Firm may also provide information on client activities to regulators where validly requested in connection with inquiries, examinations or investigations, or as otherwise required by law or regulation. Separately, the Firm may furnish such information when required or subpoenaed as part of administrative, civil or criminal proceedings.
No one associated with the Firm is authorized to render tax or legal advice, and you should not rely upon such advice, if given.
CIV US BD is a member of the Securities Investor Protection Corporation (“SIPC”). SIPC currently protects the securities in each customer account up to a maximum of $500,000, of which no more than $100,000 may be cash. Money fund balances and repurchase/reverse repurchase transactions are excluded from this protection. Any oral communication should be re-confirmed in writing in order to protect your rights, including your rights under the Securities Investor Protection Act (“SIPA”). Information about SIPC, including the SIPC brochure, may be obtained by contacting SIPC at www.sipc.org or at (202) 371-8300.
Account-related complaints may be directed to the relevant registered sales representative or the Firm’s Compliance Department at 10 E. 40th Street, 26th Floor, New York, NY 10016. Inaccuracies or discrepancies identified in an account may be reported to the relevant registered sales representative or the Firm’s Operations Department at the above address.
FINRA’s public disclosure program, known as “BrokerCheck,” provides investors and the general public with information on the professional background, business practices, and conduct of FINRA member firms and their associated persons. Customers may call the BrokerCheck Hotline at (800) 289-9999 and/or access BrokerCheck (brokercheck.finra.org) online. Please contact your CIV US BD registered sales representative if you would like to receive more information describing BrokerCheck.
While we will accept trader authorization letters, customers are responsible for monitoring their employees’ or agents’ communications with Firm employees. Where applicable, we will rely on apparent authority.
CIV US BD is a U.S. broker-dealer and not subject to MiFID II regulation. However, to assist our customers who are impacted by this European Union regulation we provide the following:
Any information provided by CIV US BD is provided “as is.” CIV US BD does not warrant the accuracy of the information provided , either expressly or impliedly, for any particular purpose and expressly disclaims any warranties of merchantability or fitness for a particular purpose. CIV US BD shall not be responsible for any loss or damage that results from interception by third parties of any information made available to you in the course of business.. Although any information provided to you is obtained or compiled from sources we believe to be reliable, CIV US BD cannot and does not guarantee the accuracy, validity, timeliness or completeness of any information or data made available to you for any particular purpose.
Neither CIV US BD nor any of its directors, members, officers or employees, or any third party vendor, will be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or interruption of any trading platform or system, or that results from the act or omission of any other party involved in making or maintaining their platform or system or the data contained herein available to you, or from any other cause relating to your access to, inability to access, or use that platform or system , whether or not the circumstances giving rise to such cause may have been within the control of CIV US BD or of any vendor providing software or services support.
In no event shall CIV US BD or any Related Entity be liable to you for any direct, special, indirect, consequential, or incidental damages or any other damages of any kind even if CIV US BD or any other party has been advised of the possibility thereof.
As a condition to your dealing with CIV US BD, you agree to indemnify CIV US BD from and against any and all actions, claims, losses, damages, liabilities and expenses (including reasonable attorneys’ fees) arising from your course of dealings, including without limitations any claims alleging facts that if true would constitute a breach by you of these Terms of Business.
All copyrights and intellectual property rights to materials sent to you in the course of dealing belong to or are licensed to CIV US BD. If you utilize any information provided by CIV US BD, you agree that you will not copy it or remove or obscure any copyright or other notices or legends contained in any such information.
