Disclosures
Anti-Money Laundering Disclosure
To help the government fight the funding of terrorism and money laundering activities, Federal law requires certain financial institutions such as EFCG to obtain, verify, and record information that identifies each person who opens an account. What this means for you;
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When you sign an engagement agreement with EFCG, we will ask for the name, address, date of birth and other information about certain owners, control persons and/or officers of your company as required by FINRA, SEC and Department of Treasury AML rules and regulations.
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We may also ask to see your driver’s license or other identifying documents.
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For any further information regarding these disclosures, please feel free to contact us.
SIPC Disclosure
EFCG Securities, LLC is a member of the Securities Investor Protection ("SIPC"), which provides account protection for the net equity of a customer's funds and securities positions. SIPC provides $500,000 of primary net equity protection, including $100,000 for claims for cash ("SIPC Coverage"). Visit www.sipc.org for more information about SIPC Coverage. Account protection applies when a SIPC member firm fails financially and is unable to meet its obligations to its securities customers, but does not apply to losses from the rise or fall in the market value of investments or to SIPC ineligible assets such as private placements, private REITs, or any investment contracts or other securities that are not registered as securities.
Please note that the business that EFCG Transaction Services LLC conducts is not covered by SIPC insurance. There should be no expectation transactions advised on by EFCG Transaction Services LLC are protected by SIPC.