The Abbit Management Corp

Privacy Policy

1)     Meeting your financial needs while respecting your privacy.

We understand that you expect privacy and security for your investment account with Abbit Management Corp.  As providers of personal financial services, we are required by law to inform our clients of our policies regarding the privacy of client information.  We have been and continue to be bound by professional standards of confidentiality that are even more stringent than those required by law.  Therefore, Abbit has and always will protect your right to privacy.

2)     Why are we sending you a Notice of our Privacy Policy?

The Securities and Exchange Commission (SEC) adopted Regulation S-P, Privacy of Consumer Financial Information.  Regulation S-P requires registered investment advisors to provide notice to clients, on an annual basis, about their privacy practices and policies.  This notice describes the privacy practices of Abbit Management Corp.  We are committed to providing you with superior investment service now and in the future. Protecting the confidentiality of the information we receive is important to us.

3)     Protecting Your Information.

We have policies, procedures, employee orientation and communication programs designed to protect your information.  We expect our employees to comply with this Policy.  Examples of how we protect your information include, but are not limited to, the following:

a)           Restricting physical and other access to your nonpublic personal information to persons with legitimate business need to know the information in order to process or service your account.

b)           Contractually requiring third parties doing business with us to comply with all privacy and security laws.

c)           Providing information to you only after we have asked and received from you information that only you should know.

d)           Maintaining physical, electronic, and procedural safeguards that comply with federal standards to guard your nonpublic personal information.  These include:

  • Technology to protect information you and we send to each other electronically over the Internet;

  • Dedicated private networks that are not accessible through the Internet and contain firewalls that are extremely difficult to access.

  • Periodic updates and tests of our security measures to maintain and improve the protection and integrity of customer information.

4)     Information We Collect.

We collect nonpublic personal information about you from the following sources:

a)           Information we receive from you on applications or other forms.
This includes information about your age, gender, marital status, number of dependents, assets, debts, income, employment information and address.

b)           Information we collect about your transactions with us, our affiliates, or others.

c)           Information we receive from a consumer reporting agency.
This includes information about your creditworthiness, financial circumstances, and credit history, including any bankruptcies or foreclosures.

5)     Information We Disclose.

We do not sell or disclose any nonpublic information about our customers or former customers to anyone, except as permitted by law.  Under Section 248.14, “…may disclose nonpublic information as necessary to effect, administer or enforce a transaction that a consumer requests or authorizes…”