Our Business Continuity Plan (BCP)

Sierra Pacific Securities (“SPS”) has developed a Business Continuity Plan on how we will respond to events that significantly disrupt our business. Since the timing and impact of disasters and disruptions are unpredictable, we will have to be flexible in responding to actual events as they occur. With that in mind, we are providing you with this information on our business continuity plan.

Information About Our BCP

Sierra Pacific Securities, LLC (SPS) plans 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.

Our business continuity plan addresses: data backup 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 counterparty impact; regulatory reporting; and assuring our customers prompt access to their funds and securities if we are unable to continue our business.

SPS backs up its important records in a geographically separate area. While every emergency situation poses unique problems based on external factors, such as time of day and the severity of the disruption, we have been advised by our clearing firm that its objective is to restore its own operations and be able to complete existing transactions and accept new transactions and payments as soon as possible. However, during a significant business disruption settlement of transactions and requests for funds and securities could be delayed for a period of time.

Varying Disruptions

Significant business disruptions can vary in their scopes, such as only our firm, a single building housing our firm, a business district where our firm is located, a city where we are located, or the whole region. Within each of these areas, the severity of the disruption can also vary from minimal to severe. In a disruption to only our firm or a building housing our firm, we will transfer our operations to another office or an alternative location when needed and expect to recover and resume business as soon as possible. In a disruption affecting our region, we will transfer our operations to a site outside of the affected area, and recover and resume business in the shortest time frame possible. In either situation, we plan to continue in business, transfer operations to our clearing firm if necessary, and notify you through the most practical, available means. If the significant business disruption is so severe that it prevents us from remaining in business, we will assure our customers’ prompt access to their funds and securities.

How to Contact Us

If after a significant business disruption you cannot contact us as you usually do at 702.998.0600, you should call our alternative number 775.220.0919. If you cannot access us through either of those means, you should contact our clearing firm, Hilltop Securities, at 866.797.5227 for instructions on how it may trade, transfer securities or disburse funds during a significant interruption of SPS’ business operations.

For more information: If you have questions about our business continuity planning, you can contact us at 702.998.0600.