Wynston Hill Capital, LLC
Business Continuity Plan – Disclosure Statement
Wynston Hill Capital, LLC (the “Firm”) is committed to providing its clients with outstanding service. This commitment makes it vital that the Firm have in place effective recovery and resumption plans that can be implemented in the event of a Significant Business Disruption (“SBD”). The Firm has developed and implemented a Business Continuity Plan (“BCP”) in an effort to mitigate the effects related to unforeseen business interruptions. Since the timing and impact of disasters and disruptions is unpredictable, the Firm will have to be flexible in responding to actual events as they occur. With that in mind, the Firm is providing you with this information on our BCP.
Contacting Us – If after a significant business disruption you cannot contact us as you usually do at our office phone number, (212) 521-1900 or through our Firm email addresses (firstname.lastname@example.org or email@example.com), you should use our alternative contact information as follows:
Dennis Riordan, Mobile Phone Number: (646) 643-9119, Email: firstname.lastname@example.org
Robert Calamunci, Mobile Phone Number: (732) 241-4686, Email: email@example.com
If you cannot access us through either of those means, you should contact the Firm’s clearing firm, Interactive Brokers LLC, directly and talk to their client service team. They provide 24/7 customer service and can be contacted by calling (877) 442-2757 toll free or by email or chat via this hyperlink (https://www1.interactivebrokers.com/en/index.php?f=1560&p=contact).
The Firm’s Business Continuity Plan – The Firm plans to quickly recover and resume business operations after a significant business disruption and respond by safeguarding its employees and property, making a financial and operational assessment, protecting the Firm’s books and records, and allowing its clients to transact business. In short, the Firm’s BCP is designed to permit it to resume operations as quickly as possible, given the scope and severity of significant business disruption.
The Firm’s BCP addresses: data backup and recovery; all mission critical systems; a financial and operational assessment; alternative communications with clients, employees, and regulators; alternate physical location of employees; critical supplier, contractor, bank and counter-party impact; regulatory reporting; and assuring clients settlement of pending transactions.
The clearing firm backs up our important records in a geographically separate area. While every emergency situation poses unique problems based on external factors, such as time of the day and the severity of the disruption, the Firm has been advised by its clearing firm that their objective is to restore its own operations and be able to complete existing transactions and accept new transactions and payment within reasonable time period. Client orders or settlement regarding pending transactions can be delayed during this period.
Varying Disruptions – Significant business disruptions can vary in their scope, such as only affecting the Firm, a single building housing the Firm, the business district where the Firm is located, the city where the Firm is located, or the whole region. Within each of these areas, the severity of the disruption can also vary from minimal to severe. In a disruption to only the Firm or a building housing the Firm, operations will be transferred to a local site when needed and the Firm expects to recover and resume business as soon as possible. In a disruption affecting the business district, city, or region, the Firm plans to continue in business, transfer operations to the clearing firm, if necessary, and notify clients. If the significant business disruption is so severe that it prevents the Firm from remaining in business, the Firm will assure our client’s prompt access to their pending transactions.
For more information – If you have questions about our business continuity planning, you can contact us at (212) 521-1900 or e-mail us at firstname.lastname@example.org.
This plan is subject to modification. An updated summary hard copy will be promptly sent by mail upon request.
Rule: FINRA Rule 3510(e)