In the past several years businesses have experienced varying degrees of business disruption. The disruptions have lasted from a few minutes to more than one week. M&T Securities, Inc. (“MTS” or “Firm”) has and will continue to take steps to continue to operate its business in the event of a disruption impacting any or all of its offices. As a valued customer, you should be aware of the steps the Firm has taken to be able to continue critical operations in the event of some form of disruption. The elements of the Firm’s Business Continuity Plan (the “Plan”) address:

• Data back-up and recovery (hard copy and electronic)
• All mission critical systems
• Financial and operational assessments
• Alternate communications between MTS and our customers
• Communications with regulators
• How MTS works with its clearing firm to enable customers’ prompt access to their funds and securities in the event that the Firm determines that it is unable to continue its business.

Through the execution of the contingency processes within the Plan, MTS intends to continue critical business during a disruption. Should a wide-scale event occur, the Plan anticipates the resumption of trading no later than the next business day following the event. The Firm intends to continue its business during disruptions of varying scope, as reflected by the Plan. . All efforts will be undertaken to be operational as quickly as possible. MTS operates in multiple locations and/or employees have the capability to work remotely and/or move work. With offices in Baltimore, Boston, Buffalo, New York, Radnor, PA, and Rochester, NY, in the event of a disruption to a single building, a disruption to a business district, a city-wide disruption and a regional disruption, the Plan contemplates the transfer or re-routing of business operations, as necessary, from Baltimore to Buffalo or Buffalo to Baltimore. Various redundancies have been created to permit this transfer. If necessary, personnel would be re-located to permit the Firm to continue its business.

Like most firms, MTS relies on third-parties to provide a number of services. These services, among others, include: trading systems, accounting systems, telephone, and e-mail. Those third parties have provided information about their own business continuity plans, have identified emergency contact personnel, and are obligated to timely notify MTS of impact.

Key personnel have been equipped with various communications devices such as mobile telephones and laptop computers to facilitate communication during a disruption. In addition, access to the Firm’s systems is available to key personnel from alternate sites, such as residences, satellite offices, and a mobile recovery site.

Review and testing of the Plan are required at least annually. Additional Emergency Notification System tests are performed periodically to assess the ability to contact key managers and associates.

While all steps have been taken to permit the Firm to continue its business after a disruption, we must assure our valued customers that they will have prompt access to funds and securities if it is determined that MTS is unable to continue its business. Because the Firm does not hold customer funds or securities, customers will be able to obtain their funds and/or securities by contacting Pershing LLC at 201-413-3635 or by facsimile at 201-413-5368. In the event that a customer is sending payment for a transaction or a stock certificate to MTS when the Firm is unable to continue its business, the payment should be sent to Pershing at One Pershing Plaza, P.O. Box 2065, Jersey City, NJ 07303. In all situations described in this paragraph, it is imperative that all communications directly with Pershing include the customer’s MTS account number.

Customers should be aware that the Plan will be modified as the need arises. A copy of this document may be obtained by request as follows by mail:

M&T Securities, Inc.
One Light Street
Baltimore, MD 21202-1226
Attn: Compliance Department

M&T Securities, Inc. is furnishing this statement in accordance with SEC Rule 17a-3(a)(18)(ii), to provide you with a name, address and telephone number in the event you need to report or notify us of a possible complaint. If, for any reason, you feel you have a complaint, please contact our Chief Compliance Officer by telephone at (617) 290-7052 or by mail at:

M&T Securities, Inc.
One Light Street
Baltimore, MD 21202-1226
Attn: Compliance Department

To help the government fight the funding of terrorism and money laundering activities, Federal Law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

What does this mean for you: When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We also ask to see/copy your driver’s license or other identifying documents.

Applicable to: M&T Securities, Inc. and affiliates (COLLECTIVELY “MTS” or “the Firm”)

Electronic communications from MTS may contain information that is proprietary, privileged, confidential, and/or exempt from disclosure under applicable law. If you are not the intended recipient, you are hereby notified that any disclosure, copying, distribution, or use of the information contained herein (including any reliance thereon) is strictly prohibited. If you receive a message in error, please immediately contact the sender and destroy the material in its entirety, whether in electronic or hard copy format.

Electronic communications from the Firm are for informational purposes only. They are not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Comments or statements made therein by an individual do not necessarily reflect the views of the Firm or its affiliates.

Although electronic communications and any attachments from MTS are believed to be free of viruses or other defects that might affect a computer system into which they may be received and opened, the Firm cannot ensure that this is the case and it is the responsibility of the recipient to ensure that viruses, malware or other defects are blocked or neutralized. MTS shall have no responsibility for any loss or damage arising in any way from the use or receipt of its electronic communications.

Information may not be secure or timely when transmitted electronically. As such, the Firm shall have no responsibility for the contents of any email or other electronic communication or for any delays, inaccuracies or omissions in the receipt of your instructions or in the transmission of orders or other information and disclaims all liability to the fullest extent permitted by applicable law for any loss or damage arising from any reliance on or use of electronic communications in any way..

Please note that any electronic communication that is transmitted within or through MTS’ systems is subject to monitoring, review, retention, and external production (in compliance with applicable privacy laws and regulation).

M&T Securities, Inc. is a member of FINRA/SIPC.

Please click here to review our complete Form CRS. Free and simple tools are available to research firms and financial professionals at Investor.gov, which also provides educational materials about broker-dealers, investment advisers, and investing. We encourage you to seek additional information and ask us questions.

M&T Bank (including its subsidiaries and affiliates such as MTS) may use LinkedIn, an unaffiliated social media site, to share thought leadership, news, events, and career information. Social media pages typically are public and can show up in search engines like Google, Yahoo, and Bing. Because M&T Bank’s social media sites are public and anyone with an account can engage with them, M&T Bank cannot be responsible for views expressed other than its own.

M&T Banks reserves the right to prohibit posting on its social media page, as well as the right to delete or edit any posted content or material for any reason and without notice. Any posting on these pages is subject to policies of usage, and these may change from time to time. In addition, M&T Bank prohibits the posting of offensive, derogatory, inflammatory, or illegal comments and statements.

M&T Bank reserves the right to block or remove objectionable content and users, if possible, in its sole discretion and without notice. Any delay in removing or failure to remove an objectionable posting should not be deemed an endorsement or approval of the posting and does not preclude M&T Bank from taking other steps to address objectionable content, particularly where a social media website restricts us from removing content or blocking users. If a follower forwards M&T Bank’s posts and adds comments, such comments are the view and responsibility of the follower, and M&T Bank expressly disclaims any responsibility over such communication.

Social media websites are established and hosted by third parties, and are governed by separate website policies, including terms of use and privacy policies. M&T Bank is not responsible for the terms or use or privacy policies of such social media websites, and your use of such websites is at your own risk.

Never disclose any financial or personal information on any social media site. M&T Bank will never ask you for your social security number, account information, passwords, PINs, or other personally identifiable information via social media.

M&T Bank’s LinkedIn Page:

M&T Securities, Inc. (“MTS” or “the Firm”) is an introducing broker-dealer and affiliate of M&T Bank. MTS has a fully disclosed clearing agreement with Pershing LLC, which provides clearing, custody, and settlement services to MTS and its customers. The Firm is committed to obtaining the most favorable trade execution for its customers. We actively manage customer orders through SS&C MarketTrader and monitor multiple execution quality criteria. When MTS receives a customer order, it uses reasonable diligence to ascertain the best market for the subject security so that the resultant price to the customers is as favorable as possible under prevailing market conditions. The Firm will refrain from conduct that could disadvantage or harm the execution of a customer order or engage in activity that will place its financial interests ahead of its customers.

MTS does not receive payment for order flow from dealers who are purposely preferenced for order flow. Order routing is driven by best execution requirements.

SEC RULE 606 – MTS does not accept held orders and does not currently offer options trading to customers and therefore does not publish quarterly reports required under 606(a). MTS does not receive payment for order flow, or rebates for sending orders to exchanges or trading centers. MTS traders route orders in search of best execution, best price, reliability, market depth, service quality, and speed of execution. Pursuant to SEC Rule 606(b), upon written request to MTS, you may obtain the identity of the venue to which your orders were routed for the six months prior to your request and the time of transactions that may have resulted from such orders.

Requests may be sent to:

M&T Securities, Inc.
One Light Street
Baltimore, MD 21202-1226
Attn: Compliance Department

Your account and the assets it holds are custodied at Pershing LLC, member SIPC, and is protected by the SIPC. SIPC protects customers of member firms in the event that the firm fails financially. Protection is limited to the custody and return of securities and cash held in your account (up to $500,000 with a maximum of $250,000 for cash claims) and does not protect against losses resulting from a decline in the value of your investments. Information regarding SIPC, including a SIPC brochure, may be obtained by contacting SIPC via its website at www.sipc.org or by telephone at (202) 371-8300. Note: An investment in a Bank Deposit Sweep Program insured by the Federal Deposit Insurance Corporation (“FDIC”) is covered by FDIC insurance (up to allowable limits), but not eligible for SIPC coverage.

A brochure that includes information describing FINRA BrokerCheck® may be obtained from FINRA at www.finra.org. The FINRA BrokerCheck website is: https://brokercheck.finra.org and the hotline number is (800) 289-9999.