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THIS NOTICE IS BEING POSTED TO OUR WEB SITE TO MEET
BAAS COMMODITIES' FINANCIAL PRIVACY REQUIREMENTS
UNDER THE GRAMM-LEACH-BLILEY ACT AS ADOPTED BY
THE CFTC FOLLOWING THE ENACTMENT OF THE
COMMODITY FUTURES MODERNIZATION ACT OF 2000.
BAAS Commodities restricts access to our client information about you to:
Those employees and affiliates who need to know that information in order to provide the products and services you receive from us.
Our affiliated clearing broker who we have a guarantee agreement with.
That unaffiliated third party whose access to such information are permitted by law and who need to know that information in order to assist
us in providing you with the products and services you receive from us.
To protect the security of your information, we maintain physical, electronic, and procedural safeguards that comply with federal standards
for guarding the information we collect about you.
In providing you with financial products and services, BAAS Commodities may collect the following types of Client information:
Information we receive from you on account applications, whether written or electronic, or on other forms.
This information would include your name, address, social security number, income, investment experience, and so forth.
Information about your transactions with our affiliates, others, or us.
This information could include your trading through our affiliates, others, and us your history of meeting margin calls,
and your use of the various products and services that our affiliates and we provide. Information about you obtained in connection
with our efforts to protect against fraud or unauthorized use of your account(s) with us.
Currently, BAAS Commodities does not disclose any Client Information
on current or former clients, except as permitted by law. We,
however, reserve the right to disclose client information in the future
to unaffiliated third parties. We will make these disclosures in order
to provide you with access to products or services we think may be
of interest to you.
BAAS Commodities. may disclose the types of your client information
listed above to the following types of third parties: Other financial
institutions with which we have joint marketing agreements. Financial
service providers, such as broker-dealers, futures commission merchants,
investment companies, investment advisers, commodity trading advisors,
and commodity pool operators. We may disclose your client information
to other nonaffiliated third parties as permitted by law, such as
in response to a subpoena or legal process or in order to complete
a transaction, which you initiated and authorized.
If you prefer that we not disclose your client information to unaffiliated
third parties, you may opt out of those disclosures. That is,
you may direct us not to make those disclosures other than permitted
by law. You, however, may not opt out of the client information disclosure
about you to The Linn Group, Inc., or any service provider necessary
to affect or process any transaction in your account(s) with us. If
you wish to opt out of disclosure to nonaffiliated third parties,
you may: Reply back to baas@baascomm.com so stating your request.
Please note that, if your account(s) with us is for joint tenants
with right of survivorship, tenants in common, or a partnership, any
one part to the account may elect to opt out for the account. That
opt out election will bind all parties to the account.
If you register for our online products or services, we retain your user ID and password and other information about your use of the website in order
that we recognize you as a registered user. We may obtain your e-mail address from you or from another source. We may send you e-mail offers for
our affiliates� products and services. We may also send you e-mails for third party products and services we think may be of interest to you.
All e-mail offers we send to you include an opportunity to opt out from future e-mail offers.
If you opt out from receiving e-mail offers, we may still send (via e-mail or otherwise) important information about your account(s) with us and our products and services.
We want to take this opportunity to thank you for your past and present business. We look forward to our continued business relationship in servicing your trading needs in the future.
If you should have any questions or concerns about this notice, please
do not hesitate to call your BAAS Commodities representative.
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