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<div class=3DSection1>

<p class=3DMsoNormal><o:p>&nbsp;</o:p></p>

<h1><span style=3D'mso-bidi-font-size:16.0pt;font-family:"Times New Roman"'=
>Privacy
Policy<o:p></o:p></span></h1>

<p class=3DMsoNormal><b style=3D'mso-bidi-font-weight:normal'><span
style=3D'font-size:12.0pt'><o:p>&nbsp;</o:p></span></b></p>

<p class=3DMsoNormal><span style=3D'font-size:12.0pt'><o:p>&nbsp;</o:p></sp=
an></p>

<p class=3DMsoNormal><b style=3D'mso-bidi-font-weight:normal'><span
style=3D'font-size:12.0pt'>At TradeMaven Clearing, LLC, we value our custom=
ers,
and maintaining customer trust and confidence is our highest priority.</spa=
n></b><span
style=3D'font-size:12.0pt'><span style=3D'mso-spacerun:yes'>&nbsp; </span>T=
radeMaven
Clearing must obtain certain information about our customers and verify the=
ir
identities in order to comply with the Anti-Money Laundering Rules under the
U.S. Patriot Act.<span style=3D'mso-spacerun:yes'>&nbsp; </span>While it is
necessary that we obtain accurate and current information about our custome=
rs
in order to provide the highest level of customer service, we are dedicated=
 to
protecting the privacy and confidentiality of our customer&#8217;s informat=
ion.<o:p></o:p></span></p>

<p class=3DMsoNormal><span style=3D'font-size:12.0pt'><o:p>&nbsp;</o:p></sp=
an></p>

<p class=3DMsoNormal><b style=3D'mso-bidi-font-weight:normal'><span
style=3D'font-size:12.0pt'>TradeMaven will never sell your personal informa=
tion
to anyone.</span></b><span style=3D'font-size:12.0pt'><span
style=3D'mso-spacerun:yes'>&nbsp; </span>We will not use or distribute your
personal information in any way without prior notification to you.<span
style=3D'mso-spacerun:yes'>&nbsp; </span>We promise that we will uphold the
privacy policies and procedures as set forth below.<o:p></o:p></span></p>

<p class=3DMsoNormal><span style=3D'font-size:12.0pt'><o:p>&nbsp;</o:p></sp=
an></p>

<h2><span style=3D'mso-bidi-font-size:12.0pt;font-family:"Times New Roman"'=
>Information
we collect about our Customers<o:p></o:p></span></h2>

<p class=3DMsoNormal><b style=3D'mso-bidi-font-weight:normal'><span
style=3D'font-size:12.0pt'><o:p>&nbsp;</o:p></span></b></p>

<p class=3DMsoNormal style=3D'margin-left:.5in;text-indent:-27.0pt'><span
style=3D'font-size:12.0pt;font-family:Symbol;mso-ascii-font-family:"Times N=
ew Roman";
mso-hansi-font-family:"Times New Roman";mso-char-type:symbol;mso-symbol-fon=
t-family:
Symbol'><span style=3D'mso-char-type:symbol;mso-symbol-font-family:Symbol'>=
&middot;</span></span><b
style=3D'mso-bidi-font-weight:normal'><span style=3D'font-size:12.0pt'><span
style=3D'mso-tab-count:1'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></spa=
n></b><span
style=3D'font-size:12.0pt'>The personal information we collect from you com=
es
from information you supply to us in account opening applications (whether
written or electronic), or in other forms you may provide to us.<span
style=3D'mso-spacerun:yes'>&nbsp; </span>This information may include your =
name,
address, social security number or tax identification number, and financial
information about you.<o:p></o:p></span></p>

<p class=3DMsoNormal style=3D'margin-left:.5in;text-indent:-27.0pt'><span
style=3D'font-size:12.0pt'><o:p>&nbsp;</o:p></span></p>

<p class=3DMsoNormal style=3D'margin-left:.5in;text-indent:-27.0pt'><span
style=3D'font-size:12.0pt;font-family:Symbol;mso-ascii-font-family:"Times N=
ew Roman";
mso-hansi-font-family:"Times New Roman";mso-char-type:symbol;mso-symbol-fon=
t-family:
Symbol'><span style=3D'mso-char-type:symbol;mso-symbol-font-family:Symbol'>=
&middot;</span></span><span
style=3D'font-size:12.0pt'><span style=3D'mso-tab-count:1'>&nbsp;&nbsp;&nbs=
p;&nbsp;&nbsp;&nbsp; </span>Information
regarding your transactions with us including your trading history at vario=
us
FCM&#8217;s, your history of meeting margin calls or your use of the various
services and products that we provide.<o:p></o:p></span></p>

<p class=3DMsoNormal style=3D'margin-left:.5in;text-indent:-27.0pt'><span
style=3D'font-size:12.0pt'><o:p>&nbsp;</o:p></span></p>

<p class=3DMsoNormal style=3D'margin-left:.5in;text-indent:-27.0pt'><span
style=3D'font-size:12.0pt;font-family:Symbol;mso-ascii-font-family:"Times N=
ew Roman";
mso-hansi-font-family:"Times New Roman";mso-char-type:symbol;mso-symbol-fon=
t-family:
Symbol'><span style=3D'mso-char-type:symbol;mso-symbol-font-family:Symbol'>=
&middot;</span></span><span
style=3D'font-size:12.0pt'><span style=3D'mso-tab-count:1'>&nbsp;&nbsp;&nbs=
p;&nbsp;&nbsp;&nbsp; </span>Information
about your credit history and information we may receive from your introduc=
ing
broker or associated person and other consumer reporting agencies.<o:p></o:=
p></span></p>

<p class=3DMsoNormal style=3D'margin-left:.5in;text-indent:-27.0pt'><span
style=3D'font-size:12.0pt'><o:p>&nbsp;</o:p></span></p>

<h3><span style=3D'mso-bidi-font-size:12.0pt;font-family:"Times New Roman"'=
>Information
we may share about our Customers<o:p></o:p></span></h3>

<p class=3DMsoNormal style=3D'margin-left:.5in;text-indent:-27.0pt'><b
style=3D'mso-bidi-font-weight:normal'><span style=3D'font-size:12.0pt'><o:p=
>&nbsp;</o:p></span></b></p>

<p class=3DMsoNormal style=3D'margin-left:.5in;text-indent:-27.0pt'><b
style=3D'mso-bidi-font-weight:normal'><span style=3D'font-size:12.0pt'><span
style=3D'mso-spacerun:yes'>&nbsp;&nbsp; </span></span></b><b style=3D'mso-b=
idi-font-weight:
normal'><span style=3D'font-size:12.0pt;font-family:Symbol;mso-ascii-font-f=
amily:
"Times New Roman";mso-hansi-font-family:"Times New Roman";mso-char-type:sym=
bol;
mso-symbol-font-family:Symbol'><span style=3D'mso-char-type:symbol;mso-symb=
ol-font-family:
Symbol'>&middot;</span></span></b><b style=3D'mso-bidi-font-weight:normal'>=
<span
style=3D'font-size:12.0pt'><span style=3D'mso-tab-count:1'>&nbsp;&nbsp;&nbs=
p; </span>TradeMaven
will not sell personal information regarding our current or former customer=
s.<o:p></o:p></span></b></p>

<p class=3DMsoNormal><span style=3D'font-size:12.0pt'><o:p>&nbsp;</o:p></sp=
an></p>

<p class=3DMsoNormal style=3D'margin-left:.5in;text-indent:-16.5pt'><span
style=3D'font-size:12.0pt;font-family:Symbol;mso-ascii-font-family:"Times N=
ew Roman";
mso-hansi-font-family:"Times New Roman";mso-char-type:symbol;mso-symbol-fon=
t-family:
Symbol'><span style=3D'mso-char-type:symbol;mso-symbol-font-family:Symbol'>=
&middot;</span></span><span
style=3D'font-size:12.0pt'><span style=3D'mso-tab-count:1'>&nbsp;&nbsp;&nbs=
p; </span>TradeMaven
may share personal information about our current and former customers with
FCM&#8217;s and service providers.<span style=3D'mso-spacerun:yes'>&nbsp;
</span>In either case, your personal information will remain subject to the
strictest confidentiality protections.<o:p></o:p></span></p>

<p class=3DMsoNormal style=3D'margin-left:.5in;text-indent:-16.5pt'><span
style=3D'font-size:12.0pt'><o:p>&nbsp;</o:p></span></p>

<p class=3DMsoNormal><span style=3D'font-size:12.0pt'><o:p>&nbsp;</o:p></sp=
an></p>

<span style=3D'font-size:12.0pt;font-family:"Times New Roman";mso-fareast-f=
ont-family:
"Times New Roman";mso-ansi-language:EN-US;mso-fareast-language:EN-US;
mso-bidi-language:AR-SA'><br clear=3Dall style=3D'mso-special-character:lin=
e-break;
page-break-before:always'>
</span>

<p class=3DMsoNormal><span style=3D'font-size:12.0pt'><o:p>&nbsp;</o:p></sp=
an></p>

<p class=3DMsoNormal><span style=3D'font-size:12.0pt'><o:p>&nbsp;</o:p></sp=
an></p>

<h2><span style=3D'mso-bidi-font-size:12.0pt;font-family:"Times New Roman"'=
>Information
we may disclose<o:p></o:p></span></h2>

<p class=3DMsoNormal><b style=3D'mso-bidi-font-weight:normal'><span
style=3D'font-size:12.0pt'><o:p>&nbsp;</o:p></span></b></p>

<p class=3DMsoNormal style=3D'margin-left:.5in;text-indent:-13.5pt'><span
style=3D'font-size:12.0pt;font-family:Symbol;mso-ascii-font-family:"Times N=
ew Roman";
mso-hansi-font-family:"Times New Roman";mso-char-type:symbol;mso-symbol-fon=
t-family:
Symbol'><span style=3D'mso-char-type:symbol;mso-symbol-font-family:Symbol'>=
&middot;</span></span><span
style=3D'font-size:12.0pt'><span style=3D'mso-tab-count:1'>&nbsp;&nbsp; </s=
pan>We
may disclose information about current or former customers in order to coop=
erate
with legal or regulatory authorities or pursuant to a court order or subpoe=
na.<o:p></o:p></span></p>

<p class=3DMsoNormal style=3D'margin-left:.5in;text-indent:-13.5pt'><span
style=3D'font-size:12.0pt'><o:p>&nbsp;</o:p></span></p>

<p class=3DMsoNormal style=3D'margin-left:.5in;text-indent:-13.5pt'><span
style=3D'font-size:12.0pt;font-family:Symbol;mso-ascii-font-family:"Times N=
ew Roman";
mso-hansi-font-family:"Times New Roman";mso-char-type:symbol;mso-symbol-fon=
t-family:
Symbol'><span style=3D'mso-char-type:symbol;mso-symbol-font-family:Symbol'>=
&middot;</span></span><span
style=3D'font-size:12.0pt'><span style=3D'mso-tab-count:1'>&nbsp;&nbsp; </s=
pan>We
may also disclose personal information as necessary to perform credit check=
s,
collect debts, enforce our legal rights or otherwise protect our interests =
and
property.<o:p></o:p></span></p>

<p class=3DMsoNormal><span style=3D'font-size:12.0pt'><o:p>&nbsp;</o:p></sp=
an></p>

<h2><span style=3D'mso-bidi-font-size:12.0pt;font-family:"Times New Roman"'=
>Security<o:p></o:p></span></h2>

<p class=3DMsoNormal><b style=3D'mso-bidi-font-weight:normal'><span
style=3D'font-size:12.0pt'><o:p>&nbsp;</o:p></span></b></p>

<p class=3DMsoNormal><b style=3D'mso-bidi-font-weight:normal'><span
style=3D'font-size:12.0pt'>TradeMaven Clearing is committed to protection o=
f your
personal information and to protecting your privacy.<o:p></o:p></span></b><=
/p>

<p class=3DMsoNormal><b style=3D'mso-bidi-font-weight:normal'><span
style=3D'font-size:12.0pt'><o:p>&nbsp;</o:p></span></b></p>

<p class=3DMsoBodyTextIndent><span style=3D'mso-bidi-font-size:12.0pt;font-=
family:
Symbol;mso-ascii-font-family:"Times New Roman";mso-hansi-font-family:"Times=
 New Roman";
mso-bidi-font-family:"Times New Roman";mso-char-type:symbol;mso-symbol-font=
-family:
Symbol'><span style=3D'mso-char-type:symbol;mso-symbol-font-family:Symbol'>=
&middot;</span></span><span
style=3D'mso-bidi-font-size:12.0pt;font-family:"Times New Roman"'><span
style=3D'mso-tab-count:1'>&nbsp;&nbsp; </span>Only authorized TradeMaven
employees, agents, or affiliates will have access to your personal
information.<span style=3D'mso-spacerun:yes'>&nbsp; </span>All of our emplo=
yees and
service providers are held to the highest standards of privacy and security=
.<o:p></o:p></span></p>

<p class=3DMsoBodyTextIndent style=3D'margin-left:0in;text-indent:0in'><span
style=3D'mso-bidi-font-size:12.0pt;font-family:"Times New Roman"'><o:p>&nbs=
p;</o:p></span></p>

<p class=3DMsoBodyTextIndent style=3D'margin-left:0in;text-indent:0in'><span
class=3DGramE><span style=3D'mso-bidi-font-size:12.0pt;font-family:"Times N=
ew Roman"'>If
this privacy policy changes you will be notified by e-mail or in other
appropriate ways.</span></span><span style=3D'mso-bidi-font-size:12.0pt;
font-family:"Times New Roman"'><span style=3D'mso-spacerun:yes'>&nbsp; </sp=
an>If
you have questions relating to this policy, please contact your TradeMaven =
representative.<o:p></o:p></span></p>

<p class=3DMsoNormal style=3D'margin-left:.5in;text-indent:-13.5pt'><span
style=3D'font-size:12.0pt;mso-bidi-font-size:10.0pt;font-family:Arial;mso-b=
idi-font-family:
"Times New Roman"'><o:p>&nbsp;</o:p></span></p>

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