Disclosure of Business Continuity Plan Disclosure of Business Continuity Plan Ace Diversified Capital, Inc. has developed a Business Continuity Plan on how it will respond to events that significantly disrupt their business. Since the timing and impact of disasters and disruptions are unpredictable, we will have to be flexible in responding to actual events as they occur. With that in mind, we are providing you with this information on our business continuity plan. If after a significant business disruption you cannot contact us as you usually do at 626.307.8300, you should call our alternative number or go our website, 626.641.5620; http://www.acediversifiedcapital.com If you cannot access us through either of those means, you should contact our clearing firm, Wedbush Morgan Securities, 213.688.4575, http://www.wedbush.com We have contacted the clearing firms with regard to what kind of services will be available to our customers at the time of a Significant Business Disruption. In the event, our clearing firms shall provide services such as access to funds and securities, order entry, and cash and security transfers. We plan to quickly recover and resume business operations after a significant business disruption and respond by safeguarding our employees and property, making a financial and operational assessment, protecting the firm’s books and records, and allowing our customers to transact business. In short, our business continuity plan is designed to permit our firm to resume operations as quickly as possible, given the scope and severity of the disruption. Our business continuity plan addresses: data back up and recovery (hard copy and electronic); all mission critical systems; financial and operational assessments; alternative communications with customers, employees, and regulators; alternate physical location of employees; critical business constituents, bank, and counter-party impact; regulatory reporting; and assuring our customers prompt access to their funds and securities if we are unable to continue our business. Our clearing firm, Wedbush Morgan Securities backs up our important records in a geographically separate area. While every emergency situation poses unique problems based on external factors, such as time of day and the severity of the disruption, we have been advised by our clearing firm that its objective is to restore its own operations and be able to complete existing transactions and accept new transactions and payments within a short period after is recovery, which is one business day. Your orders and requests for funds and securities could be delayed during this period. Varying Disruptions – Significant business disruptions can vary in their scope, such as 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. Within each of these areas, the severity of the disruption can also vary from minimal to severe. In a disruption to only our firm or a building housing our firm, we will transfer our operations to a local site when needed and expect to recover and resume business within one business day. In a disruption affecting our business district, city, or region, we will transfer our operations to a site outside of the affected area, and recover and resume business shortly after its recovery. In either situation, we plan to continue in business, transfer operations to our clearing firm if necessary, and notify you through our web site http://www.acediversifiedcapital.com or you may call our customer emergency number, 626.641.5620 and we will guide you with more information. If the significant business disruption is so severe that it prevents us from remaining in business, we will assure our customers’ prompt access to their funds and securities. For more information – If you have questions about our business continuity planning, you can contact us at: 626.307.8300 lynnwoodjen@acediversifiedcapital.com
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