Bcp liquidating llc

23-Mar-2015 04:59 by 8 Comments

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It is the intent of WSC to continue operations during an external SBD.While no business continuity plan can eliminate all risk or delay resulting from an unexpected interruption in service, we continually assess, update and test our plans to ensure that Sogo Trade has taken the steps necessary to protect our clients.Our plan will be reviewed and updated and any modifications to our plan will be reflected in this Business Continuity Plan Statement, which will be posted on our Website at Sogo We anticipate recovery time from one full business day to as much as one full business week, depending upon the severity of the disruption.Orders and request for funds and securities could be delayed during such a disruption.Pursuant to NASD Rule 3510, Sogo Trade is committed to providing our clients with secure and reliable access to their accounts.

Sogo Trade has developed a business continuity plan that will activate in the event of a significant business disruption such as a natural disaster, power outages, terrorism, inadvertent catastrophic mistakes or other events.Should WSC ever experience an external SBD, such as a terrorist attack, a city flood, or a wide-scale regional disruption that would prevent the operation of the securities markets or a number of firms, our intent would be to operate from any branch offices or residences of officers and key employees not affected by the disruption.WSC uses the services of a number of critical vendors, and our ability to operate subject to an external SDB would depend upon the availability of our vendors or alternate vendors.Sogo Trade has engineered redundancy into most of its critical systems to permit a rapid recovery in the event of a sudden loss of processing ability.Our plan addresses the actions that we will take in the event that the significant disruption affects a single building, a business district, a citywide area or an entire region.Sogo Trade presently maintains one data center that is mirrored in an alternate location and is connected by dedicated T3 (primary) and Internet VPN (back up).