Required Disclosure Pursuant

To Finra Rule 4370

Cheval Capital’s policy is to respond to a Significant Business Disruption ("SBD") by safeguarding employees’ lives and firm property, making a financial and operational assessment, quickly recovering and resuming operations, and protecting all books and records with the goal of allowing any transactions in process to continue. In the event we are unable to continue our business, we will assure clients prompt access to their funds and securities.

Cheval has developed a business continuity plan (its "BCP") that it keeps at its offices and an offsite location. Cheval’s BCP is designed to help mitigate the impact of a SBD by;

  • Identifying recovery resources. Such resources exist either within Cheval’s capabilities or are obtained from vendors under contract.
  • Providing an alternate location to conduct business. In the event of an SBD where it is not possible to conduct business from Cheval’s offices, the company has the use of a remote alternate site equipped with sufficient resources to support critical business operations. Telephone service would be rerouted to this site.
  • Replicating data and major applications. Cheval’s data and major business applications are replicated regularly and a copy kept at the alternate location, enabling Cheval to access these systems from the remote site should the local systems become unavailable.

Cheval believes that its BCP has been reasonably designed to enable Cheval to meet its existing obligations to customers as well as any existing relationships with other broker-dealers and counter-parties.

Please note that the BCP is reviewed as necessary, and at least annually, to ensure it accounts for technology, business and regulatory changes, operations, structure or location. The BCP is subject to change, and material changes will be updated promptly. You may obtain a current written copy of this notice by writing to us.