Facts
WHAT DOES SYNAPSE BROKERAGE LLC DO WITH YOUR PERSONAL INFORMATION?
Why?
Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do.
What?
The types of personal information we collect and share depends on the product or service you have with us. This information can include:
- Social Security number and assets
- Account balances and transaction history
- Credit history and credit scores
How?
All financial companies need to share customers’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers’ personal information; the reasons Synapse Brokerage LLC chooses to share; and whether you can limit this sharing.
Reasons we can share your personal information
Does Synapse Brokerage LLC share?
Can you limit this sharing?
Yes
No
For our marketing purposes—
to offer our products and services to you
to offer our products and services to you
No
No
For joint marketing with other financial companies
No
We Don’t Share
For our affiliates’ everyday business purposes— information about your transactions and experiences
Yes
No
For our affiliates’ everyday business purposes—
information about your creditworthiness
information about your creditworthiness
Yes
Yes
For our affiliates to market to you
Yes
Yes
For nonaffiliates to market to you
For our everyday business purposes—
such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus
such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus
No
We Don’t Share
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Please note:
If you are a new customer, we can begin sharing your information 30 days from the date we sent this notice. When you are no longer our customer, we continue to share your information as described in this notice.
However, you can contact us at any time to limit our sharing.
Please note:
If you are a new customer, we can begin sharing your information 30 days from the date we sent this notice. When you are no longer our customer, we continue to share your information as described in this notice.
However, you can contact us at any time to limit our sharing.
To limit our sharing
Questions?
Synapse Brokerage LLC
Who is providing this notice?
What we do
How does Synapse Brokerage LLC protect my personal information?
To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings.
How does Synapse Brokerage LLC collect my personal information?
To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings.
We collect your personal information, for example, when you
- open an account
- provide account information
- make deposits or withdrawals from your account
- seek advice about your investments
- give us your income information
We also collect your personal information from others, such as credit bureaus, affiliates, or other companies.
Why can’t I limit all sharing?
Federal law gives you the right to limit only
- sharing for affiliates’ everyday business purposes—information about your creditworthiness
- affiliates from using your information to market to you
- sharing for nonaffiliates to market to you
State laws and individual companies may give you additional rights to limit sharing. See below for more information on your rights under state law.
Who we are
What happens when I limit sharing for an account I hold jointly with someone else?
Your choices will apply to everyone on your account.
Definitions
Affiliates
Companies related by common ownership or control. They can be financial and nonfinancial companies.
- Our affiliates include companies with a Synapse name, including Synapse Financial Technologies, Inc. and Synapse Credit LLC.
Nonaffiliates
Companies not related by common ownership or control. They can be financial and nonfinancial companies.
- Nonaffiliates we share with can include financial services companies, financial institutions, lenders, identify verification service providers, credit bureaus, external auditors, state examiners, information technology providers, and collection agencies.
Joint marketing
A formal agreement between nonaffiliated financial companies that together market financial products or services to you.
- Synapse Brokerage LLC does not jointly market.
Other important information
California, North Dakota, and Vermont Residents: We will not share your information with companies outside of Synapse Brokerage LLC (including with our affiliates) except as permitted by law and as described in this Privacy Policy.
