Business Continuity Plan Disclosure Statement
Roth Canada, Inc. (“Roth Canada”) has developed a Business Continuity Plan to address how we will respond to events that significantly disrupt our business. Since the timing and impact of disasters and disruptions is unpredictable, Roth Canada will have to be flexible in responding to actual events as they occur. With that in mind, Roth Canada is providing you with this information regarding its business continuity plan.
Contacting Roth Canada:
Roth Canada’s two emergency contact persons are Ted Roth, UDP, at (949) 720-5753 or at troth@rothcanada.ca and Kristin LaMarche, CCO, at (949) 720-7147 or at klarmarche@rothcanada.ca.
Roth Canada’s clearing firm is Fidelity Clearing Canada ULC (“FCC”). Please contact your FCC at (416) 216-6335 for instructions on how you can enter orders, access your funds and other account related information.
Our Business Continuity Plan:
Roth Canada plans 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 business disruption.
Our business continuity plan addresses the following areas: data backup and recovery; all mission critical systems; financial and operational assessments; alternative communications with customers, employees, and regulators; alternate physical location of employees; critical supplier, contractor, 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.
Roth Canada's clearing firm, FCC, 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 firms that their objective is to restore their own operations and be able to complete existing transactions and accept new transactions and payments as quickly as possible. 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 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 within three days. In either situation, we plan to continue in business, transfer operations to our clearing firm if necessary, and notify you through our website www.rothcanada.ca. If the significant business disruption is so severe that it prevents us from remaining in business, we will assure our customer's prompt access to their funds and securities.
For more information: If you have questions about our business continuity planning, you can contact Kristin LaMarche at (949) 720-7147 or klamarche@rothcanada.ca