MHL Investments (“MHL”), pursuant to Financial Industry Regulatory Authority, Inc. (“FINRA”) rules, has created a Business Continuity Plan, to address and guide our response to and recovery from Significant Business Disruptions (“SBDs”). Copies of this Summary Disclosure Statement shall be given to all clients at the time they open their accounts with MHL. MHL’s Business Continuity Plan is subject to modification and an updated summary will be promptly e-mailed to our clients. Alternatively, clients may obtain updated summaries by requesting a written copy by mail or fax.
In all of the following scenarios, MHL plans to continue business and our planned recovery time, depending upon the time of occurrence, should not exceed 24 hours from the time of the declaration of the SBD. Staff, telephone calls, and e-mails will return to their original location upon full restoration of service.
If a disruption occurs at our main or branch offices located at Everspire Plaza, 6900 S. 900 E., Suite 200, Midvale, UT 84047, 2449 S Willis St., Ste. 106, Abilene, TX 79605 or 111 E 300 S Ste 1250 Salt Lake City, UT 84111 our staff may temporarily work from a remote location (e.g. staff may work from home because of health and safety reasons during a pandemic). In this event, we will maintain a list of employee work locations and contact information.
If a disruption occurs in our business district affecting our main or branch offices, our staff may temporarily work from a remote location (e.g. staff may work from home because of health and safety reasons during a pandemic). In this event, we will maintain a list of employee work locations and contact information.
If a disruption occurs in our city-wide area that affects our main or branch offices, our staff may temporarily work from a remote location (e.g. staff may work from home because of health and safety reasons during a pandemic). In this event, we will maintain a list of employee work locations and contact information.
If a regional disruption occurs that affects our main or branch offices, our staff may temporarily work from a remote location (e.g. staff may work from home because of health and safety reasons during a pandemic). In this event, we will maintain a list of employee work locations and contact information.
MHL has also contracted with various entities to ensure that sensitive information is made redundant at back-up facilities. However, due to the nature of such information we do not disclose the specific location of any back-up facilities, any proprietary information contained in our Business Continuity Plan or the parties with whom we have back-up arrangements.
Please call if you should you have any questions at 801-545-8706. Thank you.
Monica Akbar,
GSP
Dear Client or Investor:
SEC Rule 17a-3(a)(18) requires our Firm to maintain a record indicating that each client or investor has been provided with a notice containing the address to which you may transmit any inquiries that you may have respecting our Firm.
Additionally, our Firm must ensure that you are provided with a notice indicating the telephone number and the address at our Firm to which such inquiries may be directed.
MHL Investments hereby provides the following address and telephone number to which any customer inquiries may be directed:
MHL Investments
Attn: Monica Akbar, CCO
Everspire Plaza
6900 S. 900 E., Suite 200
Midvale, UT 84047
Tel: +1 (801) 545-8706
As a member of the Securities Investor Protection Corporation (SIPC) funds are available to meet customer claims up to a maximum of $500,000 in cash and securities, with a $250,000 cash maximum. This protection is provided by the Securities and Investors Protection Act, which is administered by SIPC and is subject to certain conditions and limitations, details of which are available upon request. Information about SIPC, including the SIPC brochure, may be obtained by contacting SIPC: SIPC Web site address (www.sipc.org) SIPC telephone number (202-371-8300).
FINRA offers investors information through the FINRA BrokerCheck Hotline at 800-289-9999 and their website at www.FINRA.org/brokercheck. Download an investor brochure that includes information describing FINRA BrokerCheck.