IAMS Distributors Business Continuity Plan is designed to enable the firm to recover and resume business operations as promptly as reasonably practicable following a significant business disruption. The plan focuses on safeguarding employees, protecting physical and electronic records, preserving mission-critical systems, maintaining regulatory compliance, and supporting continuity of the firm’s wholesale distribution and supervisory functions.
The firm’s objective is to minimize operational disruption while continuing to meet applicable regulatory obligations and contractual responsibilities.
The firm’s Business Continuity Plan addresses, among other things:
- Data backup and recovery
- Mission-critical systems and technology infrastructure
- Financial and operational assessments
- Alternative methods of communication with employees, financial professionals, vendors, and regulators
- Alternate work locations and remote work capabilities
- Impact on critical suppliers, service providers, contractors, banks, and counterparties
- Regulatory reporting and compliance obligations
Because the firm does not carry customer accounts or maintain custody of customer funds or securities, the Business Continuity Plan does not include customer account transfer or asset custody provisions.
IAMS Distributors operates from multiple office locations in support of its wholesale broker-dealer business.
The firm’s Office of Supervisory Jurisdiction (OSJ) is located at:
104 Congress Street, Suite 404
Portsmouth, New Hampshire 03801
In addition, the firm maintains other business offices, including an office located in Nebraska, which supports operational and business functions.
The Business Continuity Plan contemplates disruptions affecting one or more firm locations and provides for the temporary relocation of personnel, remote work arrangements, and use of alternative facilities or systems as necessary to support continued operations. Supervisory oversight remains anchored to the OSJ and designated supervisory personnel.
In the event of a significant business disruption, the firm will make reasonable efforts to communicate with:
- Employees and associated persons
- Financial professionals and business partners
- Critical vendors and service providers
- Regulators, as required
Communications may be conducted through email, telephone, remote collaboration tools, and postings on www.iamsdistributors.com, depending on the nature and severity of the disruption.
The firm maintains electronic books and records in accordance with applicable SEC and FINRA requirements. Data is backed up regularly and stored in secure environments designed to permit recovery in the event of a disruption.
The Business Continuity Plan includes procedures intended to protect the integrity, confidentiality, and availability of firm records and information systems.