MidAmerica Securities, LLC (“MidAmerica”) considers customer privacy a fundamental aspect of our relationships with our customers and we are committed to safeguarding the confidential information of our clients.  Federal law requires us to tell you how we collect, share and protect your personal information.  The policy of MidAmerica regarding personal information of current and former clients is as follows:

Information We Collect

In order to provide you with financial products and services, we collect information about you which may include non-public personal information. The personal information we collect includes:

Name, address, social security number, passport, driver’s license and other government issued identification numbers, account numbers, telephone numbers, and certain information about your personal assets, account transactions and balances, income, and net worth.

MidAmerica may collect this information from the following sources:

  • Information you provide when you open an account and complete account applications and other forms so that you may do business with us
  • When you tell us about your financial situation, tax status or other needs
  • When you advise us to purchase or sell securities on your behalf
  • We may collect your personal information from other companies such as a consumer reporting agency

Information We Share With Others

MidAmerica will not disclose your personal information to third parties, except under limited circumstances.  MidAmerica shares your personal information as necessary to effect transactions in and/or conduct business for your account with us.  Specifically, we share your information as follows:

  • With our registered representatives as needed to open, service and maintain your account with us.
  • With unaffiliated parties such as banks and broker-dealers in order to execute your instructions.
  • With unaffiliated third-party vendors in order to create and maintain records of your account, such as when we provide information about your account to third party vendors to create an account statement or to conduct other services related to your account.  These vendors are required to maintain confidentiality and security of information we share with them and may not use the information for any other purpose.
  • Reporting to consumer information bureaus.
  • As required by law.  For example, we may be required to respond to a subpoena, or government agency or regulatory request.

MidAmerica does not disclose your personal information for marketing or joint marketing purposes.  If this changes, MidAmerica will notify you prior to sharing any of your personal information for these purposes.  Whenever possible, we will offer you the opportunity to limit sharing of your personal information.

Definitions:

Affiliates: Companies related by common ownership. Our affiliates include non-financial companies such as: MidAmerica Administrative & Retirement Solutions, LLC.

Nonaffiliates:  Companies not related to one another through common ownership or control.  These can be financial or non-financial companies.

Joint Marketing:  An agreement that has been formalized between nonaffiliated financial companies that work together to market financial products and/or services to you.

Your Ability to Limit Sharing

Federal law gives you the right to limit some forms of sharing.  Those are:

  • Sharing for affiliates’ everyday business purposes – information about your creditworthiness
  • Affiliates or non-affiliates from using your information to market to you. 
  • State laws and individual companies may give you additional rights to limit sharing.  Check your state for more information on your rights under state laws.

Note that if you are a new MidAmerica customer, we can begin sharing your information 30 days after the date we provide this notice to you.  When you are no longer our customer, we can continue to share your information as indicated in this notice.  You may contact us at any time to limit our sharing of this information.

Securing Your Information

MidAmerica has physical, electronic and procedural safeguards in place to protect the confidentiality of your information.  We use various security measures that comply with federal laws and the requirements of our regulators.  These measures include the use of physical barriers such as secured files, buildings and offices, as well as electronic means such as firewalls, encryption, and access controls.  We also utilize confidentiality agreements, secure disposal protocols, and conduct periodic training for all employees. 

Message on Electronic Communications 

The use of electronic communications to send us information may not be secure. If you wish to send us information containing non-public personal information such as your social security number, date of birth or account number, consider sending it via facsimile, mail or overnight courier, or simply contact us by telephone.

Other Important Information

To the extent that individual states have more restrictive laws, MidAmerica complies with those requirements.  For example, for accounts registered in California, we automatically assume that you do not want your personal information disclosed to nonaffiliated third parties, except as permitted by California law. 

Questions about this Notice

If you have questions about this notice, please contact MidAmerica’s Compliance Officer at (813) 533-4712 or visit our website at https://www.mymidamericasecurities.com.