Disclosures

Disclaimer
The information contained herein is based upon sources believed to be reliable but is not guaranteed by us and is not considered to be all inclusive. It is not to be construed as an offer or the solicitation of an offer to sell or buy the securities mentioned herein. Morgan Joseph TriArtisan LLC, its affiliates, shareholders, officers, staff, and/or members of their families, may have a position in the securities mentioned herein, and, before or after your receipt of this report, may make or recommend purchases and/or sales for their own accounts or for the accounts of other customers of the Firm from time to time in the open market or otherwise. Opinions expressed are our present opinions only and are subject to change without notice. Morgan Joseph TriArtisan LLC is under no obligation to provide updates to the opinions or information provided herein. Additional information is available upon request.



Information on Order Routing
Unless you specifically direct us, we route your orders for execution to a marketplace where we believe, given the then current circumstances, your order will receive the most favorable execution. We do not receive any form of compensation from brokers or dealers to whom we may route your order. You may inquire of us in writing as to how any order we have handled for you in the past six months was routed. The SEC-required Report on this Firm's Routing of Customer Orders for the most recent quarter can be found at: Click here.

We value our relationship with you and appreciate your confidence in us and our ability to handle your information confidentially. If you have any questions about this notice or Complaints relating to our services, please contact Steven D. Blecher at +1 914 607 6963.

Morgan Joseph TriArtisan LLC is a broker-dealer registered with the U.S. Securities and Exchange Commission and is a member of the Securities Investor Protection Corporation (SIPC).



Morgan Joseph TriArtisan LLC Business Continuity Plan ("BCP")

Morgan Joseph TriArtisan LLC (“Morgan Joseph” or the “Firm”) is committed to safeguarding the interests of its customers, the safety of its employees, and the continuity of our business in the event of an emergency or significant business disruption.

Morgan Joseph conducts an investment banking business. Customer securities accounts are introduced to Hilltop Securities Inc. on a fully disclosed basis, and Hilltop Securities Inc. maintains the records of customer funds and securities. Hilltop Securities Inc.'s Business Continuity Plan is posted here (and is accessed by clicking on the link for the Business Continuity Plan on the left hand side of the screen) and is mailed to new clients at the time an account is opened and is available upon written request. The Hilltop Securities Inc. Business Continuity Plan encompasses backup sites for its mission critical systems and contemplates recovery times for these systems ranging between real time recovery and 4 to 12 hours.

This Morgan Joseph TriArtisan LLC Business Continuity Plan (“BCP”) is posted at www.mjta.com and is mailed to new clients at the time an account is opened and is available upon written request. However, keep in mind that our Business Continuity Plan will change to reflect changes in our business and the circumstances of a business interruption.

Unforeseen business interruptions can affect a single office, a business district, a city-wide area, or an entire region. In the event of a significant business disruption rendering our office inaccessible or inoperable, our strategy for continuing business is to first ensure the safety and security of all employees and then to continue critical business operations at predefined alternate sites.

The Firm is dependent upon the availability of power and telecommunications and certain computer systems to operate each of its facilities and is dependent upon others to supply these utilities. In addition, extreme weather conditions can result in personnel being unable to travel to our office for work. In the event that our office suffers a business interruption event, we intend to continue our business from other locations, and, if necessary, will have key personnel displace to the other facility. If you are unable to contact our Firm utilizing your normal means of communication with us, please use the following telephone numbers as alternatives:

In White Plains, NY: +1 914 607 6960 or+1 914 607 6963.

Or you may look at our website, www.mjta.com for current contact information.

In the event that you are totally unable to make contact with our Firm and need information regarding your securities account, please contact Hilltop Securities Inc. at 214-859-6871 or 866-797-5227.

Our Firm’s BCP is highly dependent upon critical infrastructure and resources over which Morgan Joseph maintains no control, including, but not limited to: electricity, telecommunications, computer systems, water, external exchanges, market utilities, our clearing firm, and clearing houses. Morgan Joseph cannot guarantee that it will be able to fully implement the plans summarized herein if a significant business disruption results in substantial loss of life.

If you have any questions regarding our Business Continuity Plan, please contact Steven Blecher at +1 914 607 6963.



Margin Disclosure Statement
Your brokerage firm is furnishing this document to you to provide some basic facts about purchasing securities on margin, and to alert you to the risks involved with trading securities in a margin account. Before trading stocks in a margin account, you should carefully review the margin agreement provided by your firm. Consult your firm regarding any questions or concerns you may have with your margin accounts.

When you purchase securities, you must pay for the securities in full or you may borrow part of the purchase price from your brokerage firm. If you choose to borrow funds from your firm, you will open a margin account with the firm. The securities purchased are the firm's collateral for the loan to you. If the securities in your account decline in value, so does the value of the collateral supporting your loan, and, as a result, the firm can take action, such as issue a margin call and/or sell securities or other assets in any of your accounts held with the member, in order to maintain the required equity in the account.

It is important that you fully understand the risks involved in trading securities on margin. These risks include the following:

  • You can lose more funds than you deposit in the margin account. A decline in the value of securities that are purchased on margin may require you to provide additional funds to the firm that has made the loan to avoid the forced sale of those securities or other securities or assets in your account(s).
  • The firm can force the sale of securities or other assets in your account(s). If the equity in your account falls below the maintenance margin requirements, or the firm's higher "house" requirements, the firm can sell the securities or other assets in any of your accounts held at the firm to cover the margin deficiency. You also will be responsible for any shortfall in the account after such a sale.
  • The firm can sell your securities or other assets without contacting you. Some investors mistakenly believe that a firm must contact them for a margin call to be valid, and that the firm cannot liquidate securities or other assets in their accounts to meet the call unless the firm has contacted them first. This is not the case. Most firms will attempt to notify their customers of margin calls, but they are not required to do so. However, even if a firm has contacted a customer and provided a specific date by which the customer can meet a margin call, the firm can still take necessary steps to protect its financial interests, including immediately selling the securities without notice to the customer.
  • You are not entitled to choose which securities or other assets in your account(s) are liquidated or sold to meet a margin call. Because the securities are collateral for the margin loan, the firm has the right to decide which security to sell in order to protect its interests.
  • The firm can increase its "house" maintenance margin requirements at any time and is not required to provide you with advance written notice. These changes in firm policy often take effect immediately and may result in the issuance of a maintenance margin call. Your failure to satisfy the call may cause the member to liquidate or sell securities in your account(s).
  • You are not entitled to an extension of time on a margin call. While an extension of time to meet margin requirements may be available to customers under certain conditions, a customer does not have a right to the extension.
  • Short selling is a margin account transaction and entails the same risks as described above.



Instant Messaging Disclaimer
This message is intended only for the addressee. Please notify the sender by instant message if you are not the intended recipient. If you are not the intended recipient, you may not copy, disclose, or distribute this message or its contents to any other person and any such actions may be unlawful.

Please be advised that Morgan Joseph TriArtisan LLC (hereinafter "MJTA") is willing to use instant messenger ("IM") communication with you and your firm only as an accommodation to your business. If you choose to use IM to communicate with MJTA representatives you are agreeing to the following terms and conditions:

  • Use of IM involves certain risks, including but not necessarily limited to those referred to below. By using IM to communicate with MJTA representatives you are agreeing to assume all such risks.
  • Even though MJTA representatives have IM open and/or MJTA representatives have communicated with you through IM recently, MJTA representatives may not (and MJTA assumes no obligation to) timely see, process, act on or respond to any message from you through IM.
  • MJTA is responsible for honoring any order, trade, cancellation, instruction or other time sensitive communication only if, as and when MJTA confirms back to you that MJTA has received and is processing the same.
  • Your orders, cancellations and other instructions must be sent in a manner and within time-frames that would allow MJTA to timely process the same, including, without limitation, reasonably prior to the end of trading hours of the relevant market. Failure to do so may make it impossible for MJTA to process your orders and act on your instructions.
  • You assume full responsibility for your trading activity and communications, including , but not limited to, compliance with all applicable laws, rules and regulations and exchange or market requirements and practices (collectively, "Applicable Laws").
  • You will provide MJTA with all terms and conditions relevant to all orders and designate any short order as such, all in accordance with Applicable Laws.
  • MJTA will retain all messages sent to or from this IM address as required by regulation. MJTA reserves the right to monitor and review such messages.
  • IM may not be secure. MJTA assumes no responsibility for assuring that any IM message has not been viewed, altered or forged by a third party without MJTA's knowledge.