Collection and Use of Personal Information
When you open an account at JC Clark Ltd., we will obtain personal information about you that will be kept on file in accordance with industry regulations. Only authorized individuals and entities have access to this information. The information that we collect allows us to identify you, protect you against possible fraud, assess your potential investment needs, and to comply with legal and regulatory requirements.
Specific Personal Identification
If you are an individual, JC Clark Ltd. will collect, use and disclose your Social Insurance Number for income tax reporting purposes.
JC Clark Ltd. will collect, use and forward a photocopy of your personal ID to the Custodian as proof of residency for U.S. withholding tax purposes.
Personal Information to External Sources
Your personal information will be disclosed to those external sources such as our Custodian, financial institutions and other parties who provide services to JC Clark Ltd.. We require third party service providers to sign a Privacy Agreement.
This Client Privacy Agreement also covers JC Clark Ltd.’s release of your personal information to your personal accountant, as per your instructions.
Your consent is required before we may provide your information to any third parties. The consent that you provide to JC Clark Ltd. with regards to the collection, use and disclosure of your personal information may be cancelled at any time by providing written notice to JC Clark Ltd.. JC Clark Ltd. does not require your consent to the collection, use and disclosure of your personal information where such collection, use and disclosure is reasonably required:
- In the normal course of providing service to your account
By a law enforcement agency, securities regulatory authority or Self-Regulatory Organization
- By legal counsel for the purpose of obtaining advice.
- By opening an account at JC Clark Ltd., you are providing consent to JC Clark Ltd. to collect, use and disclose your personal information as set out in this agreement.
Retention of Personal Information
JC Clark Ltd. may retain your personal information on file after you cease to be a client of JC Clark Ltd. for as long as JC Clark Ltd. requires such information or as long as is demanded by regulatory requirements.
Corrections to Personal Information
You may review the information you have provided to JC Clark Ltd. and make corrections to it. We may request that you provide corrections in writing. You may address questions or privacy-related complaints to the Chief Compliance Officer, JC Clark Ltd., 130 Adelaide Street West, Suite 3400, Toronto, Ontario M5H 3P5.