CUSTOMER ACCOUNT AGREEMENT
This Customer Account Agreement (the “Agreement”) sets forth the respective rights and obligations of Apex Clearing Corporation (“you” or “your”
or “Apex”) and the Customer’s (as defined below) brokerage firm (the “Introducing Broker”), and the customer(s) identified on the New Account
Application (the “Customer”) in connection with the Customer’s brokerage account with the Introducing Broker (“the Account”). The Customer
hereby agrees as follows with respect to the Account, which the Customer has established with the Introducing Broker for the purchase, sale or
carrying of securities or contracts relating thereto and/or the borrowing of funds, which transactions are cleared through you. To help the government
fight the funding of terrorism and money laundering, Federal law requires all financial institutions to obtain, verify, and record information that
identifies each person who opens an account. In order to open an account, the Customer will provide information that will allow you to identify the
Customer including, but not limited to, the Customer’s name, address, date of birth, and the Customer’s driver’s license or other identifying
1. Applicable Rules and Regulations.
All transactions for the Account shall be subject to the constitution, rules, regulations, customs and usages of the exchange or market and its
clearing house, if any, upon which such transactions are executed, except as otherwise specifically provided in this Agreement.
“Obligations” means all indebtedness, debit balances, liabilities, or other obligations of any kind of the Customer to you, whether now existing
or hereafter arising. “Securities and other property” shall include, but shall not be limited to, money, securities, commodities or other property
of every kind and nature and all contracts and options relating thereto, whether for present or future delivery.
3. Breach; Security Interest.
Whenever in your discretion you consider it necessary for your protection, or for the protection of the Customer’s Introducing Broker or in the
event of, but not limited to; (i) any breach by the Customer of this or any other agreement with you or (ii) the Customer’s failure to pay for
securities and other property purchased or to deliver securities and other property sold, you may sell any or all securities and other property
held in any of the Customer’s accounts (either individually or jointly with others), cancel or complete any open orders for the purchase or sale
of any securities and other property, and/or borrow or buy-in any securities and other property required to make delivery against any sale,
including a short sale, effected for the Customer, all without notice or demand for deposit of collateral, other notice of sale or purchase, or other
notice or advertisement, each of which is expressly waived by the Customer, and/or you may require the Customer to deposit cash or adequate
collateral to the Customer’s account prior to any settlement date in order to assure the performance or payment of any open contractual
commitments and/or unsettled transactions. You have the right to refuse to execute securities transactions for the Customer at any time and
for any reason. Any and all securities and other property belonging to the Customer or in which the Customer may have an interest held by you
or carried in any of the Customer’s accounts with you (either individually or jointly with others) shall be subject to a first and prior security
interest and lien for the discharge of the Customer’s obligations to you, wherever or however arising and without regard to whether or not you
have made advances with respect to such securities and other property, and you are hereby authorized to sell and/or purchase any and all
securities and other property in any of the Customer’s accounts, and/or to transfer any such securities and other property among any of the
Customer’s accounts to the fullest extent of the law and without notice where allowed. The losses, costs and expenses, including but not limited
to reasonable attorneys’ fees and expenses, incurred and payable or paid by you in the (i) collection of a debit balance and/or any unpaid
deficiency in the accounts of the Customer with you or (ii) defense of any matter arising out of the Customer’s securities transactions, shall be
payable to you by the Customer. The Customer understands that because of circumstances beyond broker- dealers control, its customers’ voting
rights may be impaired. For example, if the stock of a company that another customer has purchased has not yet been received from the seller(s),
then other customers’ abilities to vote that company’s stock could be impaired until those shares are received. In addition, if the stock of a
company that the Customer has purchased has not yet been received from the seller(s), then payments received by the Customer from the
Introducing Broker, in lieu of the dividends on that stock not yet received, may receive tax treatment less favorable than that accorded to
You are authorized, in your discretion, should you for any reason whatsoever deem it necessary for your protection, without notice, to cancel
any outstanding order, to close out the accounts of the Customer, in whole or in part, or to close out any commitment made on behalf of the
5. Payment of Indebtedness Upon Demand.
The Customer shall at all times be liable for the payment upon demand of any obligations owing from the Customer to you, and the Customer
shall be liable to you for any deficiency remaining in any such accounts in the event of the liquidation thereof (as contemplated in Paragraph 3
of this Agreement or otherwise), in whole or in part, by you or by the Customer; and the Customer shall make payment of such obligations upon
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6. Accounts Carried as Clearing Broker.
The Customer understands that you are carrying the accounts of the Customer as clearing broker by arrangement with the Customer’s
Introducing Broker through whose courtesy the account of the Customer has been introduced to you. Until receipt from the Customer of written
notice to the contrary, you may accept from and rely upon the Customer’s Introducing Broker for (a) orders for the purchase or sale in said
account of securities and other property, and (b) any other instructions concerning the Customer’s accounts. The Customer represents that the
Customer understands that you act only to clear trades introduced by the Customer’s Introducing Broker and to effect other back office functions
for the Customer’s introducing broker. The Customer confirms to you that the Customer is relying for any advice concerning the Customer’s
accounts solely on the Customer’s Introducing Broker. The Customer understands that all representatives, employees and other agents with
whom the Customer communicates concerning the Customer’s account are agents of the Introducing Broker, and not your representatives,
employees or other agents and the Customer will in no way hold you liable for any trading losses that the Customer may incur. The Customer
understands that you are not a principal of or partner with, and do not control in any way, the Introducing Broker or its representatives,
employees or other agents. The Customer understands that you will not review the Customer’s accounts and will have no responsibility for
trades made in the Customer’s accounts. You shall not be responsible or liable for any acts or omissions of the Introducing Broker or its
representatives, employees or other agents. Notwithstanding the foregoing, in the event that the Customer initiates a claim against you in your
capacity as clearing broker and does not prevail, the Customer shall be responsible for the costs and expenses associated with your defense of
such claim. The Customer understands you shall be entitled to exercise and enforce directly against the Customer all rights granted to the
a. Accounts Carried as Custodian.
In some cases the Customer’s account is being carried by arrangement with the Customer’s Investment Advisor or Investment Manager,
who uses you as their Broker-Dealer custodian. The Customer acknowledges that your role as custodian is to hold or custody account
assets, distribute or collect funds on behalf of the Customer’s account, execute and clear trades under instruction of the Customer’s
Investment Advisor or Investment Manager, generate account statements and provide other custodial services as may be mandated by
various regulatory standards and requirements. The Customer understands that in the capacity as custodian, you will not offer investment
advice, review the Customer’s accounts, and will have no responsibility for trades made in the Customer’s accounts. Additionally, in your
capacity as custodian, you will not verify the accuracy of management fees that the Customer pays to Investment Advisors or Investment
Managers pursuant to the terms of the Investment Management Agreement executed between the Customer and the Investment Advisor
or Investment Manager. Notwithstanding the foregoing, in the event that the Customer initiates a claim against you in your capacity as
custodial broker and does not prevail, the Customer shall be responsible for the costs and expenses associated with your defense of such
You may send communications to the Customer at the Customer’s address on the New Account Application or at such other address as the
Customer may hereafter give you in writing, and all communications so sent, whether by mail, telegraph, or otherwise, shall be deemed given
to the Customer personally, whether actually received or not. Reports of execution of orders and statements of accounts of the Customer shall
be conclusive if not objected to in writing to you, the former within five (5) days and the latter within ten (10) days, after forwarding by you by
mail or otherwise. In consideration of your sending any mail to me in care of a Post Office Box Address or a third party, I hereby agree that “all
correspondence of any nature whatsoever” sent to me in such address will have the same force and effect as if it had been delivered to me
8. ARBITRATION AGREEMENT.
THIS AGREEMENT CONTAINS A PREDISPUTE ARBITRATION CLAUSE. BY SIGNING AN ARBITRATION AGREEMENT, THE PARTIES AGREE AS
a. ALL PARTIES TO THIS AGREEMENT ARE GIVING UP THE RIGHT TO SUE EACH OTHER IN COURT, INCLUDING THE RIGHT TO A TRIAL BY JURY
EXCEPT AS PROVIDED BY THE RULES OF THE ARBITRATION FORUM IN WHICH A CLAIM IS FILED
b. ARBITRATION AWARDS ARE GENERALLY FINAL AND BINDING; A PARTY’S ABILITY TO HAVE A COURT REVERSE OR MODIFY AN
ARBITRATION AWARD IS VERY LIMITED
c. THE ABILITY OF THE PARTIES TO OBTAIN DOCUMENTS, WITNESS STATEMENTS AND OTHER DISCOVERY IS GENERALLY MORE LIMITED IN
ARBITRATION THAN IN COURT PROCEEDINGS
d. THE ARBITRATORS DO NOT HAVE TO EXPLAIN THE REASON(S) FOR THEIR AWARD UNLESS, IN AN ELIGIBLE CASE, A JOINT REQUEST FOR
AN EXPLAINED DECISION HAS BEEN SUBMITTED BY ALL PARTIES TO THE PANEL AT LEAST 20 DAYS PRIOR TO THE FIRST SCHEDULED
e. THE PANEL OF ARBITRATORS MAY INCLUDE A MINORITY OF ARBITRATORS WHO WERE OR ARE AFFILIATED WITH THE SECURITIES
f. THE RULES OF SOME ARBITRATION FORUMS MAY IMPOSE TIME LIMITS FOR BRINGING A CLAIM IN ARBITRATION. IN SOME CASES, A
CLAIM THAT IS INELIGIBLE FOR ARBITRATION MAY BE BROUGHT IN COURT
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g. THE RULES OF THE ARBITRATION FORUM IN WHICH THE CLAIM IS FILED, AND ANY AMENDMENTS THERETO, SHALL BE INCORPORATED
INTO THIS AGREEMENT
THE FOLLOWING ARBITRATION AGREEMENT SHOULD BE READ IN CONJUNCTION WITH THE DISCLOSURES ABOVE. ANY AND ALL
CONTROVERSIES, DISPUTES OR CLAIMS BETWEEN THE CUSTOMER AND YOU, OR THE INTRODUCING BROKER, OR THE AGENTS,
REPRESENTATIVES, EMPLOYEES, DIRECTORS, OFFICERS OR CONTROL PERSONS OF YOU OR THE INTRODUCING BROKER, ARISING OUT OF, IN
CONNECTION WITH, FROM OR WITH RESPECT TO (a) ANY PROVISIONS OF OR THE VALIDITY OF THIS AGREEMENT OR ANY RELATED
AGREEMENTS, (b) THE RELATIONSHIP OF THE PARTIES HERETO, OR (c) ANY CONTROVERSY ARISING OUT OF YOUR BUSINESS, THE
INTRODUCING BROKER'S BUSINESS OR THE CUSTOMER'S ACCOUNTS, SHALL BE CONDUCTED PURSUANT TO THE CODE OF ARBITRATION
PROCEDURE OF THE FINANCIAL INDUSTRY REGULATORY AUTHORITY (“FINRA”). THE DECISION AND AWARD OF THE ARBITRATOR(S) SHALL
BE CONCLUSIVE AND BINDING UPON ALL PARTIES, AND ANY JUDGMENT UPON ANY AWARD RENDERED MAY BE ENTERED IN A COURT
HAVING JURISDICTION THEREOF, AND NEITHER PARTY SHALL OPPOSE SUCH ENTRY.
No person shall bring a putative or certified class action to arbitration, nor seek to enforce any pre-dispute arbitration agreement against any
person who has initiated in court a putative class action; or who is a member of a putative class who has not opted out of the class with respect
to any claims encompassed by the putative class action until: (i) the class certification is denied; or (ii) the class is de-certified; or (iii) the customer
is excluded from the class by the court. Such forbearance to enforce an agreement to arbitrate shall not constitute a waiver of any rights under
this agreement except to the extent stated herein.
The Customer represents that the Customer is of majority age. The Customer represents either that the Customer is not an employee of any
exchange, or of any corporation of which any exchange owns a majority of the capital stock, or of a member of any exchange, or of a member
firm or member corporation registered on any exchange or of a bank, trust company, insurance company or of any corporation, firm or individual
engaged in the business dealing either as broker or as principal in securities, bills of exchange, acceptances or other forms of commercial paper,
or alternatively, that the Customer has obtained and will provide to you additional documentation which may include information required
under FINRA Rule 407 from its employer authorizing the Customer to open and maintain an account with you. If the Customer is a corporation,
partnership, trust or other entity, the Customer represents that its governing instruments permit this Agreement, that this Agreement has been
authorized by all applicable persons and that the signatory on the New Account Application is authorized to bind the Customer. The Customer
represents that the Customer shall comply with all applicable laws, rules and regulations in connection with the Customer’s account. The
Customer further represents that no one except the Customer has an interest in the account or accounts of the Customer with you.
10. Joint Accounts.
If the New Account Application indicates that the Account shall consist of more than one person, the Customer’s obligations under this
Agreement shall be joint and several. References to the “Customer” shall include each of the customers identified on the New Account
Application. You may rely on transfer or other instructions from any one of the Customers in a joint account, and such instructions shall be
binding on each of the Customers. You may deliver securities or other property to, and send confirmations; notices, statements and
communications of every kind, to any one of the Customers, and such action shall be binding on each of the Customers. Notwithstanding the
foregoing, you are authorized in your discretion to require joint action by the joint tenants with respect to any matter concerning the joint
account, including but not limited to the giving or cancellation of orders and the withdrawal of money or securities. In the case of Tenants by
the Entirety accounts, joint action will be required for all matters concerning the joint account. Tenants by Entirety is not recognized in certain
jurisdictions, and, where not expressly allowed, will not be a permitted designation of the account.
11. Other Agreements.
If the Customer trades any options, the Customer agrees to be bound by the terms of your Customer Option Agreement. The Customer
understands that copies of these agreements are available from you and, to the extent applicable, are incorporated by reference herein. The
terms of these other agreements are in addition to the provisions of this Agreement and any other written agreements between you and the
12. Data Not Guaranteed.
The Customer expressly agrees that any data or online reports is provided to the Customer without warranties of any kind, express or implied,
including but not limited to, the implied warranties of merchantability, fitness of a particular purpose or non-infringement. The Customer
acknowledges that the information contained in any reports provided by you is obtained from sources believed to be reliable but is not
guaranteed as to its accuracy of completeness. Such information could include technical or other inaccuracies, errors or omissions. In no event
shall you or any of your affiliates be liable to the Customer or any third party for the accuracy, timeliness, or completeness of any information
made available to the Customer or for any decision made or taken by the Customer in reliance upon such information. In no event shall you or
your affiliated entities be liable for any special incidental, indirect or consequential damages whatsoever, including, without limitation, those
resulting from loss of use, data, or profits, whether or not advised of the possibility of damages, and on any theory of liability, arising out of or
in connection with the use of any reports provided by you or with the delay or inability to use such reports.
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13. Payment for Order Flow Disclosure.
Depending on the security traded and absent specific direction from the Customer, equity and option orders are routed to market centers (i.e.,
broker-dealers, primary exchanges, or electronic communication networks) for execution. Routing decisions are based on a number of factors
including the size of the order, the opportunity for price improvement and the quality of order executions, and decisions are regularly reviewed
to ensure the duty of best execution is met. You or the Introducing Broker may receive compensation or other consideration for the placing of
orders with market centers for execution. The amount of the compensation depends on the agreement reached with each venue. The source
and nature of compensation relating to the Customer’s transactions will be furnished upon written request.
14. Credit Check.
You are authorized, in your discretion, should you for any reason deem it necessary for your protection to request and obtain a consumer credit
report for the Customer.
If any provision of this Agreement is held to be invalid or unenforceable, it shall not affect any other provision of this Agreement. The headings
of each section of this Agreement are descriptive only and do not modify or qualify any provision of this Agreement. This Agreement and its
enforcement shall be governed by the laws of the state of Texas and shall cover individually and collectively all accounts which the Customer
has previously opened, now has open or may open or reopen with you, or any introducing broker, and any and all previous, current and future
transactions in such accounts. Except as provided in this Agreement, no provision of this Agreement may be altered, modified, or amended
unless in writing signed by your authorized representative. This Agreement and all provisions shall inure to the benefit of you and your
successors, whether by merger, consolidation or otherwise, your assigns, the Introducing Broker, and all other persons specified in Paragraph
8. You shall not be liable for losses caused directly or indirectly by any events beyond your reasonable control, including without limitation,
government restrictions, exchange or market rulings, suspension of trading or unusually heavy trading in securities, a general change in
economic, political, or financial conditions, war or strikes. You may transfer the accounts of the Customer to your successors and assigns. This
Agreement shall be binding upon the Customer and the heirs, executors, administrators, successors and assigns of the Customer. Failure to insist
on strict compliance with this Agreement is not considered a waiver of your rights under this Agreement. At your discretion, you may terminate
this Agreement at any time on notice to the Customer, the Customer will continue to be responsible for any obligation incurred by the Customer
prior to termination. The Customer may not assign the Customer’s rights or delegate the Customer’s obligations under this Agreement, in whole
or in part, without your prior consent.
16. Sweep Program.
If the Customer elects to participate in one of your FDIC or money market sweep programs, the Customer acknowledges and agrees that: (a)
the Customer has read and understands the sweep program terms and conditions and/or prospectuses available at
http://www.apexclearing.com/disclosures/ and is aware of the products available in such sweep programs; (b) you may make changes to your FDIC
and/or money market sweep programs and products at any time, in your sole discretion and with or without notice to Customer; (c) the free
credit balances in the Customer’s Account may begin being included in the sweep program upon Account opening; and (d) you have no obligation
to monitor the applicable sweep program elected for the Customer’s Account or to make recommendations about, or changes to, the sweep
program that might be beneficial to the Customer.
17. SIPC Protection.
As a member of the Securities Investor Protection Corporation (SIPC), funds are available to meet customer claims up to a ceiling of $500,000,
including a maximum of $250,000 for cash claims. For additional information regarding SIPC coverage, including a brochure, please contact SIPC
at (202) 371-8300 or visit http://www.sipc.org. Apex has purchased an additional insurance policy through a group of London Underwriters (with
Lloyd’s of London Syndicates as the Lead Underwriter) to supplement SIPC protection. This additional insurance policy becomes available to
customers in the event that SIPC limits are exhausted and provides protection for securities and cash up to certain limits. Similar to SIPC
protection, this additional insurance does not protect against a loss in the market value of securities.
18. Tax Treaty Eligibility.
This agreement shall serve as the Customer’s certification that you are eligible to receive tax treaty benefits between the country or (of)
residence indicated on the new account form and the country (ies) of origin holding jurisdiction over the instruments held within the customer’s
19. Trusted Contact.
“Under FINRA Rule 4512 Apex Clearing Corporation is required to disclose to you (the customer) that Apex Clearing Corporation or an associated
person of Apex Clearing Corporation is authorized to contact the trusted contact person and disclose information about the customer’s account
to address possible financial exploitation, to confirm the specifics of the customer’s current contact information, health status, or the identity
of any legal guardian, executor, trustee or holder of a power of attorney, or as otherwise permitted by FINRA Rule 2165.
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20. ACH Agreement.
If I request Automated Clearinghouse (“ACH”) transactions from my Account at Clearing Firm, I authorize Clearing Firm to originate or facilitate
transfer credits/debits to/from my eligible bank account. Transactions sent through the NACHA network will be subject to all applicable rules
of NACHA and all rules set forth in Federal Reserve Operating circulars or other applicable laws and regulations. ACH deposits to my brokerage
account are provisional. If the beneficiary bank does not receive final and complete payment for a payment order transferred through ACH, the
beneficiary bank is entitled to recover from the beneficiary any provisional credit and Clearing Firm may charge my account for the transaction
amount. I understand Clearing Firm or my Broker may not notify me of any returned or rejected ACH transfers. I agree to hold Clearing Firm and
Clearing Firm’s agents free of liability for compliance with these instructions. I hereby agree to hold harmless Clearing Firm and each of its
affiliates, offices, directors, employees, and agents against, any claims, judgments, expenses, liabilities or costs of defense or settlement
relating to: (a) any refusal or failure to initiate or honor any credit or debit request, by Clearing Firm or my Broker, whether (i) due to a lack
of funds necessary to credit my account; (ii) due to inadvertence, error caused by similarity of account holder names or (iii) otherwise provided
Clearing Firm has not acted in bad faith; (b) if the routing number is incorrect or the routing number or other information changes at another
U.S. financial institution or (c) any loss, damage, liability or claim arising, directly or indirectly, from any error, delay or failure which is caused
by circumstances beyond Clearing Firm’s direct control. To the extent permitted by applicable law or regulation, Clearing Firm hereby disclaims
all warranties, express or implied, and in no event shall Clearing Firm be liable for any special indirect, incidental, or consequential damages
whatsoever resulting from the ACH electronic service or any ACH transactions. Nothing in this herein shall constitute a commitment or
undertaking by Clearing Firm or my Broker to effect any ACH transaction or otherwise act upon my instructions or those of my Broker with
respect to any account at Clearing Firm. This authorization shall remain in full force and effect until I revoke authorization by written notification
to my Broker that is forwarded to Clearing Firm. I understand that Clearing Firm has the right to terminate or suspend the ACH agreement at
any time and without notice.
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Apex Clearing Corporation (“Apex”) carries your account as a clearing broker by arrangement with your broker-dealer or registered investment
advisor as Apex’s introducing client. At Apex, we understand that privacy is an important issue for customers of our introducing firms. It is our policy
to respect the privacy of all accounts that we maintain as clearing broker and to protect the security and confidentiality of non-public personal
information relating to those accounts. Please note that this policy generally applies to former customers of Apex as well as current customers.
Personal Information Collected
In order to service your account as a clearing broker, information is provided to Apex by your introducing firm who collects information from you in
order to provide the financial services that you have requested. The information collected by your introducing firm and provided to Apex or otherwise
obtained by Apex may come from the following sources and is not limited to:
Information included in your applications or forms, such as your name, address, telephone number, social security number, occupation,
Information relating to your transactions, including account balances, positions, and activity
Information which may be received from consumer reporting agencies, such as credit bureau reports
Information relating to your creditworthiness
Information which may be received from other sources with your consent or with the consent of your introducing firm
In addition to servicing your account, Apex may make use of your personal information for analysis purposes, for example, to draw conclusions,
detect patterns or determine preferences.
Sharing of Non-public Personal Information
Apex does not disclose non-public personal information relating to current or former customers of introducing firms to any third parties, except as
required or permitted by law, including but not limited to any obligations of Apex under the USA PATRIOT Act, and in order to facilitate the clearing
of customer transactions in the ordinary course of business.
Apex has multiple affiliates and relationships with third party companies. Examples of these companies include financial and non-financial companies
that perform services such as data processing and companies that perform securities executions on your behalf. We may share information among
our affiliates and third parties, as permitted by law, in order to better service your financial needs and to pursue legitimate business interests,
including to carry out, monitor and analyze our business, systems and operations.
Apex strives to ensure that our systems are secure and that they meet industry standards. We seek to protect non- public personal information that
is provided to Apex by your introducing firm or otherwise obtained by Apex by implementing physical and electronic safeguards. Where we believe
appropriate, we employ firewalls, encryption technology, user authentication systems (i.e. passwords and personal identification numbers) and
access control mechanisms to control access to systems and data. Apex endeavors to ensure that third party service providers who may have access
to non-public personal information are following appropriate standards of security and confidentiality. Further, we instruct our employees to use
strict standards of care in handling the personal financial information of customers. As a general policy, our staff will not discuss or disclose
information regarding an account except; 1) with authorized personnel of your introducing firm, 2) as required by law or pursuant to regulatory
request, or 3) as authorized by Apex to a third party or affiliate providing services to your account or pursuing Apex’s legitimate business interests.
Access to Your Information
You may access your account information through a variety of media offered by your introducing firm and Apex (i.e., statements or online services).
Please contact your introducing firm if you require any additional information. Apex may use “cookies” in order to provide better service, to facilitate
its customers’ use of the website, to track usage of the website, and to address security hazards. A cookie is a small piece of information that a
website stores on a personal computer, and which it can later retrieve.
Apex reserves the right to make changes to this policy.
limit our sharing of your personal information, please contact:
Apex Clearing Corporation
350 North St. Paul Street, Suite 1300
Dallas, Texas 75201
Stash Capital LLC Business Continuity Plan Disclosure
Stash Capital LLC (referred herein as “Stash Capital”, or “we”) has developed a Business Continuity Plan
reasonably designed to allow Stash Capital to respond to events which may significantly disrupt our
business. Actual response to disruptions may vary depending on circumstances.
Contacting Us – If after a significant business disruption you cannot contact us as you usually do at
email@example.com, you should contact our clearing firm, Apex Clearing, at (888) 268-6220.
The Stash Capital business continuity plan is reasonably designed to permit Stash Capital to resume
business operations as quickly as possible, to the extent possible given the scope and severity of the
significant business disruption.
Our Business Continuity Plan addresses: data backup and recovery; all critical systems; financial and
operational assessments; alternative communications with clients, employees, and regulators; alternate
physical location of employees; critical supplier, contractor, bank and counter-party impact; regulatory
reporting; and assuring our clients prompt access to their funds and securities if we are unable to
continue our business.
Our clearing firm, Apex Clearing Corp., backs up its important records in a geographically separate area.
While every emergency situation poses unique problems based on external factors, such as time of day
and the severity of the disruption, Apex’s stated objective is to restore its own operations and be able to
complete existing transactions and accept new transactions and payments within 4-12 hours. Your
orders and requests for funds and securities could be delayed during this period.
Varying Disruptions – Significant business disruptions can vary in their scope in that they may affect just
Stash Capital, or a single building housing Stash Capital, or the business district where Stash Capital is
located, or the city where Stash Capital 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 Stash Capital or the
building housing Stash Capital, we will transfer our operations to a local site if necessary and expect to
recover and resume business within 2-3 hours. In a disruption affecting our business district, city, or
region, we will transfer our operations to a site outside of the affected area, and plan to recover and
resume business within 1-2 days. In either situation, we plan to continue in business, transfer operations
to our clearing firm and/or redundant back-up sites if necessary, and notify you electronically or via
telephone. If the significant business disruption is so severe that it prevents us from remaining in
business, we will assure our clients prompt access to their funds and securities.
Important Disclaimers – Stash Capital will adhere to the procedures set forth in its Business Continuity
Plan and described in this disclosure to the extent commercially reasonable and practicable under
prevailing circumstances. However, there are innumerable potential causes of a business disruption. In
addition, disruptions (and the events that caused them) may vary significantly in nature, size, scope,
severity, duration and geographic location and will result in distinct degrees of harm to human life; firm
assets; the national banking system, securities exchanges, clearing houses and depositories with which
Stash Capital conducts business; and local, regional and national systems infrastructure (e.g.,
telecommunications, Internet connectivity, power generation and transportation) that could affect Stash
Capital’s recovery in vastly disparate ways. In recognition of this, Stash Capital reserves the right to
flexibly respond to particular emergencies and business disruptions in a situation- specific manner that it
deems prudent under the circumstances, in its sole discretion. Nothing in this document is intended to
provide a guarantee or warranty regarding the actions or performance of Apex Clearing Corp., its
computer systems, or its personnel in the event of a significant disruption.
Stash Capital may modify its Business Continuity Plan and this disclosure at any time. You may access
this Business Continuity Plan and all other agreements and disclosures relevant to your account at
Please see https://www.stash.com/theprivacypolicy
Please note that you can obtain information about SIPC, including the SIPC brochure, by visiting the
website http://www.sipc.org or by calling (202) 371-8300.
You may find more information about Stash Capital and other broker-dealers through FINRA’s
BrokerCheck Program, available at https://brokercheck.finra.org. Or you may call the BrokerCheck
Hotline Telephone Number: (800) 289-
Also, please be advised that FINRA offers an investor brochure describing the FINRA BrokerCheck.
You may access the FINRA website at http://www.finra.org.
Important Information You Need to Know about Opening a New Account
To help the government fight money laundering activities and the funding of terrorism, federal law
requires financial institutions to obtain, verify and record information that identifies each person who
opens an account.
This notice answers some questions about Stash Capital’s Client Identification Program.
What types of information will you need to provide?
When you open an account, Stash Capital is required to collect the following information:
- Date of Birth
- Identification Number:
Identification Number refers to the following:
- U.S. Citizen: taxpayer identification number (Social Security number or employer identification
- Non-U.S. citizen: taxpayer identification number; passport number and country of issuance; alien