Privacy Statement

The Securities and Exchange Commission has adopted enhanced customer privacy rules regarding the security and sharing of non-public personal and account information of clients. These rules were primarily directed at banks and insurance companies, but apply to all financial institutions. As a part of these new regulations, we are required to issue a “Customer Privacy Notice” upon the opening of a new account and on an annual basis thereafter, discussing information collected from our clients, and our procedures on how best to protect that information.

We collect non-public personal information about you including your name, address, social security number, employment, age, marital status, income, net worth, security transactions, interest and dividend payments, money movements and associated tax reporting information for transactions performed; through Capitol Securities Management. We collect this information through account applications and associated forms, transactions in your account, connections with our website, email communications and other correspondence.

We restrict the access to your non-public personal information except to those employees who need the information to provide you products or services. We maintain physical, electronic and procedural safeguards that comply with federal standards to guard your non-public personal information.

We do not disclose any non-public personal information about our customers or former customers to anyone except as permitted by law. Capitol Securities Management utilizes the trade clearing and custody services of Pershing, LLC. Pershing is responsible for issuing their own privacy statement to be supplied to each customer in addition to this disclosure.

Federal directives1 have resulted in the creation of the Customer Identification Program (“CIP”). The CIP provides financial institutions with recommended practices and procedures when opening new accounts. A requirement of the program is the affirmative identification of all clients. This stipulation is to help ensure that firms do not knowingly aid in money laundering or assist in financial crimes. One of the ways that Capitol Securities Management complies with CIP is by requesting copies of government issued identification cards (drivers licenses, passports, etc.) from its new clients. The information you provide in the New Account Form may be used to perform a credit check and verify your identity by using internal sources and third party vendors. Please be advised that should you provide us with a copy of your drivers license: