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Home > Financial Services > Stock Brokers > Mid Ohio Securities Corp.
Mid-Ohio Securities Corp.
Mid-Ohio Securities Corp is a member of NASD, the National Association of Securities Dealers. NASD is a self regulatory organization of the securities industry responsible for the operation and regulation of the NASDQ stock market and over the counter markets. It also administrates exams for the investments professionals, such as the series of 7 exams.
They have developed an internal business continuity plan that will be used in the event of a severe business disruption. This plan outlines the measures taken to ensure the integrity and availability of their client transactions and account data during a disaster or unforeseen anomaly.
Included in their business continuity plan are policies, procedures, and contingencies that are based upon the severity of the business disruption that span local disruptions, individual facility losses, and regional disruptions. They have taken precautions to prevent the loss of any customer information and will work to resume business with our customers as quickly as possible in the event of a business disruption.
The firm transfers operations to their local backup site and expect to resume business within 8 hours. In a disruption that affects their business region, clients will have access to their funds through their clearing firm, National Financial Services. In either event, they plan to continue in business and provide emergency procedures.
Their 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, critical supplier, contractor, bank and counter party impact, regulatory reporting, and assuring their customers prompt access to their funds and securities if they are unable to continue their business.
For this they have implemented a backup facility that houses on line backups of all of their critical information, as well as serve as a temporary facility for their employees in the event of a severe business disruption. The firm maintains and tests its emergency on an on going basis to help insure minimal interruption.
Mid-Ohio Securities does not guarantee that the business continuity plan will successful for each and every business disruption or that it will avoid or mitigate any such disruption.
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