Effective Date: August 2024
- Introduction
Transact Capital (hereinafter referred to as “the Firm,” “we,” “our,” or “us”) is committed to safeguarding the privacy and confidentiality of the personal information we collect. This Privacy Policy outlines how we collect, use, disclose, and protect the personal data of our clients, prospective clients, employees, and third parties. It also explains your rights regarding your personal information and how you can exercise them.
- Scope
This Privacy Policy applies to all personal data collected by the Firm through our website, mobile applications, email communications, in-person meetings, and other interactions. It applies to clients, potential clients, business partners, vendors, employees, and any other individual whose personal information we process.
- Information We Collect
We may collect the following types of personal information:
- Client Information: Name, address, telephone number, email address, financial information, transaction objectives, transaction history, and other information necessary for providing investment banking services.
- Employee Information: Name, contact details, identification documents, employment history, educational background, and other HR-related information.
- Third-Party Information: Information from vendors, service providers, and business partners, including contact details, contract details, and payment information.
- Technical Information: IP address, browser type, operating system, access times, and other details collected through cookies and similar technologies.
- How We Use Your Information
We use the information we collect for the following purposes:
- Providing Services: To deliver investment banking services, including advisory services, underwriting, financial analysis, and other related services.
- Compliance: To comply with legal and regulatory obligations, such as anti-money laundering (AML) requirements, know-your-customer (KYC) procedures, and other financial regulations.
- Communication: To communicate with you about our services, respond to inquiries, and provide updates on transactions and market developments.
- Internal Operations: To manage our business operations, including HR functions, risk management, and internal reporting.
- Marketing: To send you promotional materials and market research surveys.
- Legal Basis for Processing
We process personal data based on the following legal grounds:
- Contractual Necessity: Processing is necessary for the performance of a contract with you or to take steps at your request before entering into a contract.
- Legal Obligation: Processing is necessary to comply with a legal obligation to which we are subject.
- Legitimate Interests: Processing is necessary for our legitimate interests or those of a third party, provided that such interests are not overridden by your fundamental rights and freedoms.
- Consent: Where required by law, we will obtain your consent before collecting or processing your personal information.
- Data Sharing and Disclosure
We may share your personal information with the following parties:
- Affiliates and Subsidiaries: Within our corporate group for the purposes described in this Privacy Policy.
- Service Providers: Third-party service providers who assist us in providing our services, such as IT services, payment processors, and compliance consultants.
- Regulatory Authorities: Government agencies, regulators including FINRA, and law enforcement bodies as required by law or to protect our legal rights.
- Business Partners: Other financial institutions, brokers, and intermediaries directly involved in a transaction or service or those with whom you provide direct instruction for us to interact.
- Advisors: Legal, financial, and other professional advisors who assist us in our business operations.
- International Data Transfers
Your personal information may be transferred to and processed in countries outside your country of residence. These countries may have different data protection laws that may not be as protective as those in your jurisdiction. We will take appropriate steps to ensure that your personal information is adequately protected when transferred internationally.
- Data Security
We implement security measures to protect your personal information from unauthorized access, disclosure, alteration, or destruction. These measures include encryption, access controls, and regular security assessments. However, no method of transmission over the Internet or electronic storage is completely secure, and we cannot guarantee absolute security.
- Data Retention
We retain your personal information for as long as necessary to fulfill the purposes outlined in this Privacy Policy, comply with legal obligations, resolve disputes, and enforce our agreements. The retention period may vary depending on the nature of the information and the legal requirements applicable to it.
- Your Rights
You have the following rights concerning your personal information:
- Access: You have the right to access the personal information we hold about you.
- Correction: You have the right to request the correction of inaccurate or incomplete information.
- Deletion: You have the right to request the deletion of your personal information, subject to certain legal obligations.
- Restriction: You have the right to request the restriction of processing under certain conditions.
- Data Portability: You have the right to receive your personal information in a structured, commonly used, and machine-readable format.
- Objection: You have the right to object to the processing of your personal information based on legitimate interests or direct marketing.
- Withdraw Consent: Where processing is based on consent, you have the right to withdraw your consent at any time.
To exercise any of these rights, please contact us using the contact details provided in number 12 below.
- Changes to This Privacy Policy
We may update this Privacy Policy from time to time to reflect changes in our practices or legal requirements. Any changes will be posted on our website, and the effective date will be updated accordingly. We encourage you to review this Privacy Policy periodically.
- Contact Us
If you have any questions or concerns about this Privacy Policy or our data practices, please contact us at:
Transact Capital Securities, LLC.
4991 Lake Brook Drive, Suite 150
Glen Allen, VA 23060
(804)-917-710-1045
- Complaints
If you believe that we have violated your privacy rights, you have the right to file a complaint with a data protection authority or regulatory body in your jurisdiction.