In accordance with the Federal Financial Privacy Law (Gramm-Leach-Bliley Act, Nov. 1999), the following are the policies applicable to this website and to our business relation in general:
In the course of our relationship with you, we receive or develop information about you necessary to better service your account and your financial needs. This information may include: Information you provide to us orally or on applications or other forms; Information we develop about you in the course of providing our services to you, such as your account balance(s), the assets that we manage and transactions we place on your behalf; Technical information we gather through your access to our website.
Protecting the Information:
As a general rule, BP does not sell, share or otherwise disclose this private information with others unless such sharing of information is necessary to provide our services to you. For instance, there may be sharing of information between the two subsidiaries of BP, where each subsidiary is rendering a service to a customer common to both. Further, we share information with certain third parties, such as our clearing agent, custodian, attorneys and auditors who, in the ordinary course of providing their services to us, may require access to information containing your non-public personal information. In addition, we may disclose your non-public personal information to others with your consent, where required by law or judicial process (such as a court order), or otherwise to the extent permitted under the Federal Financial Privacy Law.
Keeping the Information Secure is a Priority:
We restrict access to your non-public personal information to those associates who need to know that information to provide services to you. Where we are not comfortable that a service provider is already bound by duties of confidentiality (i.e. attorneys and auditors), we will require contractual assurances that it will maintain the confidentiality of any of the information it obtains from us. In addition, we maintain physical, electronic and procedural safeguards to protect your non-public personal information. We continually assess new technology and upgrade our system when appropriate to better protect information.
If you have any questions about our practices with respect to your non-public personal information, you may write to us at 330 Madison Avenue, New York, NY 10017 or call us at (212) 453-5000.