Mirus Securities, Inc. has developed a business continuity plan addressing how we will respond to events which could significantly disrupt our business. Since the timing and impact of disasters and disruptions is unpredictable, we will have to be flexible in responding to actual events as they occur.
We plan to resume business operations after a significant business disruption as promptly as practicable and to safeguard our employees and property, make a financial and operational assessment, protect the firm’s books and records and allow our clients to transact business. Our business continuity plan is designed to permit our firm 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; alternative communications with customers, employees and regulators; alternate physical location of employees; critical vendor, bank and counterparty impact; and regulatory reporting.
A significant business disruption can affect only our firm, a single building housing our firm, the business district where our firm is located, the city where we are located, or the whole region. The severity of the disruption can vary from minimal to severe within each of these areas. In a disruption to only our firm or a building housing our firm, we will transfer our operations to another location when needed. In a disruption affecting our business district, city or region, we will transfer our operations to a location outside of the affected area and resume business operations. In either situation, our goal is to recover and resume business operations as promptly as practicable in the circumstances. If you have questions about our business continuity planning, you can contact us at (781) 418-5900.
Our business continuity plan and this disclosure are intended to comply with the rules promulgated by the Financial Industry Regulatory Authority, Inc. This plan is subject to modification. If modified, an updated summary will be promptly posted on our website. Clients may obtain updated summaries by requesting a written copy by mail. The information contained in this disclosure is provided for informational purposes only.