The Securities Group, LLC
The Securities Group, LLC dba Mammoth Research (the “Firm”) has developed this Business Continuity Plan (“BCP”) detailing how the Firm will respond to events that significantly disrupt our business. Since the timing and impact of disasters and disruptions are unpredictable, the Firm has an obligation to prepare for unforeseen events as they occur. This BCP is designed to permit the Firm to resume operations in a reasonable amount of time at a secure remote location, given the scope and severity of a major event.
Contacting Us – If after a significant business disruption you cannot contact us as you usually do at 800-618-2299, you should contact us via email at email@example.com, or go to www.thesecuritiesgroup.com.
Our Business Continuity Plan – 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 significant business disruption. In order to accommodate our recovery time objective, telephone service will continue, and normal work processes will resume at an alternate worksite. Recovery times may vary depending on the nature and severity of the disruption; however, our recovery time objective for mission critical operations is 0-72 hours. If the significant business disruption is so severe that it prevents us from conducting business, we will update our voice message.
Our business continuity plan addresses: data back-up and recovery; all mission critical systems; financial and operational assessments; alternative communications with customers, employees, and regulators; alternate physical location of employees; bank and counter-party impact; and regulatory reporting.
Varying Disruptions – Significant business disruptions can vary in their scope. The severity of the disruption can also vary from minimal to severe. In a disruption to only our Firm, we will transfer our operations to a local site when needed and expect to recover and resume business within 24 hours. 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 48 hours. In either situation, we plan to continue business and notify you through our web site www.mammoth.is or our customer emergency number, 800-618-2299.
Response to a Pandemic – To the extent that one of the Firm’s locations is in an area where a pandemic has been declared, if travel restrictions have not been imposed, a Designated Principal shall consider temporarily moving key personnel to an alternative location or implement the Firm’s Remote Working procedures.
Remote Working Policy – Mammoth allows registered representatives to work remotely. As a result, additional policies and procedures tailored to such circumstances have been implemented to assist registered representatives and other personnel in continuing business during an SBD and ensuring compliance with updating circumstances, rules, and regulations.
Testing and Updates – At a minimum, the Firm’s Business Continuity Plan is reviewed and updated on an annual basis. Additionally, our primary internal and external application providers periodically conduct testing of their own back-up capabilities to ensure that, in the event of an emergency or significant business disruption, they will be able to provide us with the critical information and applications we need to continue or promptly resume our business.Our business continuity plan is designed to allow us to continue to provide the quality service you have come to expect from Mammoth.
For more information – If you have questions about our business continuity planning, you can contact us at 800-618-2299.
This plan is subject to modification, an updated summary will be promptly posted on our web site and customers may alternatively obtain updated summaries by requesting a written copy by mail.
Last Updated: March 2023