Business Continuity Plan Summary Notice
In its own best interests and pursuant to FINRA and SEC regulation, Eight Capital Corp. has a Business Continuity Plan (“BCP”) in place to prepare for the possibility of future significant business disruptions (“SBD”) ranging in severity from a Firm only disruption to a regional disruption. Eight Capital Corp’s recovery time from an SBD will depend on the severity and significance of the event. Eight Capital Corp. estimates the recovery time to range from three to twenty-four hours.
Eight Capital Corp. has a functional offsite facility located in Montreal, Quebec providing an alternative location from which it can reasonably operate under such a SBD. Eight Capital Corp.’s electronic records, as well as those of its clearing firm, National Financial Services LLC, are backed-up to a secure off-site location on at least a weekly basis. In the event of a catastrophic failure on a scale up to and including a citywide disruption, Eight Capital Corp will continue business operations from this offsite facility. Clients will continue to contact us via phone at (416) 350-3300 or our clearing firm at 1-877-877-2410. Alternatively, clients may access us at www.viiicapital.com, or our clearing firm at www.mybrokerageinfo.com for updated changes. If you have any questions regarding this summary, please call 416350-3300.