Oak Grove Capital is committed to protecting your privacy and maintaining the confidentiality and security of your personal information. We do not disclose nonpublic personal information about our present or former clients to third parties other than as described below.
Information collected about you (such as your name, address, social security number, assets and income) that you provide to us through our conversations and/or documents related to providing services for you. This information may be used to provide services to you, to open an account for you, to process a transaction for your account, or otherwise in furtherance of our business. To service your account and effect your transaction, we may provide your personal information to our affiliates and to firms that assist us in servicing your account and have a need for such information, such as a broker or fund administrator or financial adviser. We may also disclose such information to service providers and to financial institutions with whom we have joint marketing arrangements, but they are required to protect the confidentiality of your information and to use the information only for the purposes for which we disclose it to them.
We do not otherwise provide information about you to outside firms, organizations or individuals, except to our attorneys, accountants and auditors and as permitted by law.
We restrict access to nonpublic personal information about you to internal personnel and affiliates who need to know the information to perform their job responsibilities and to conduct and process your business in an accurate and efficient manner. We maintain physical, electronic and procedural safeguards that comply with federal standards in order to protect your personal information.
TD Ameritrade Institutional (TDAI) serves as the custodian for securities and cash held in accounts managed by Oak Grove Capital, LLC. Assets in Oak Grove investor accounts are protected up to $150 million per investor through coverage with the Securities Investor Protection Corporation (“SIPC”) and supplemental coverage provided by London insurers. The SIPC protects up to $500,000 for securities in an account, including cash up to $250,000. For details, go to www.SIPC.org. Supplemental coverage of $149.5 million includes an additional $900,000 limit on cash in the account. Each investor is limited to a combined return of $150 million from a Trustee, the SIPC, and London insurers. Coverage does not protect against a decline in the market value of securities.