FINRA Required Notices
Customer Identification Program
North Bridge Capital, LLC, as a registered broker/dealer, must maintain a
Customer Identification Program for the purpose of assisting the government in
fighting the funding of terrorism and money laundering activities. Federal law
requires financial institutions to obtain, verify and record information that
identifies each customer who opens an account. Whereas, North Bridge Capital,
LLC does not manage accounts nor conduct transactions for customers, we still
maintain identifying information on all accounts we introduce to our associated
managers.
If
an individual opens an account with our managers, we may request the following:
name, date of birth, address, identification number (Social security number or
employer identification number for US citizens. Passport number, taxpayer
identification number, alien identification card number or government-issued
identification for non-US citizens.) or driver’s license.
An
institutional investor may need to provide other information such as its
principal place of business, federal identification number, certified articles
of incorporation, partnership agreement or trust agreement.
US
Department of Treasury, Securities and Exchange Commission, FINRA rules require
an investor to provide most of this information. New CIP rules may require an
investor to provide additional information. Declining to provide this
information may result in no account being opened, or an existing account being
closed.
Business Continuity Plan
North Bridge Capital, LLC is responsible for
creating and maintaining a business continuity plan in accordance with FINRA
rules and regulations. In the event of a business disruption, we have plans
designed to allow us to continue operations of critical business functions. We
would accomplish this in part by:
Ø
Relocating impacted businesses to designated recovery locations.
Ø
Using
phone and computer capacity at other locations.
Ø
Enlisting technical service providers to assist us in storing and recovering
vital data.
Ø
Maintaining off-site storage of mission-critical information.
In most instances, recovery time would take 24-48
hours. We believe our plan for business interruption/disaster recovery to be in
line with practices established within the industry. Specific details of the
plan are available upon request. Questions may be directed to Rich Murphy of
North Bridge Capital, LLC at 617-573-0011.
