Business Continuity Plan Summary

Timing and impact of disasters and disruptions is unpredictable and we will be nimble in responding to any events as they may occur.  With that in mind, set forth below is a summary of the Carl Marks Securities LLC Business Continuity Plan.

Contacting Us

After a significant business disruption, you can contact either the principal working with your company directly at any contact number you may have or by email. Alternatively, you may contact Carl Marks Securities LLC at 212-909-8400. If that number is not working contact 908-234-2373.

Our Business Continuity Plan

We plan to quickly recover and resume business operations after a significant business disruption and respond by safeguarding our employees and property, making a financial and operational assessment, protecting the Company’s books and records, and allowing our customers to transact business. In short, our business continuity plan is designed to permit our Company to resume operations as quickly as possible given the scope and severity of the significant business disruption.

Our business continuity plan addresses: data back up and recovery; all mission critical systems; financial and operational assessments; alternative communications with customers, employees, and regulators; alternate physical location of employees; critical supplier, contractor, bank and regulatory reporting if we are unable to continue our business.

Varying Disruptions

Significant business disruptions can vary in their scope, such as only our Company, the building housing our Company, the business district where our Company is located, or the city and/or region where our Company is located. Within each of these areas, the severity of the disruption may also vary from minimal to severe. In the event of a disruption of any level, such that it impacts our Company’s ability to operate in its facility, we will transfer our operations to an alternate site as needed and expect to recover as quickly as possible. If the significant business disruption is so severe that it prevents us from remaining in business, we will notify our clients as soon as is practically feasible.

For more information

If you have any questions about the Carl Marks Securities LLC business continuity planning or if you are interested in viewing the detailed Business Continuity Plan, you may contact the Chief Compliance Officer at Carl Marks Securities LLC, 900 Third Avenue, 33rd Floor, New York, NY  10022, 212/909-8400.

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