The clearing and custody of your account is with Pershing, a Bank of New York/Mellon Bank Co (BNY Mellon). However the Stoever Glass management, trading and sales remain exclusively with Stoever Glass & Co.

Any information provided to Stoever Glass & Co., Inc., as a visitor to our web site will be used solely for client service and normal business purposes by Stoever Glass & Co., Inc. No personal or account information will be divulged for any reason except as may be legally required by federal agencies and/or regulators.

DISCLAIMER:

By using the Stoever Glass & Co., Inc. web site you accept at your own risk that the Internet and online communications medium may not perform as intended despite the efforts of Stoever Glass & Co., Inc., your internet service provider and you.

Neither Stoever Glass & Co., Inc. nor any of its directors, officers, or employees, nor any third party vendor will be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or interruption of this site, or resulting from the act or omission of any other party involved in making this site or the data contained therein available to you, or from any other cause relating to your access to, inability to access, or use of the site or these materials, whether or not the circumstances giving rise to such cause may have been within the control of Stoever Glass & Co., Inc. or of any vendor providing software or service support. In no event will Stoever Glass & Co., Inc. or any parties be liable to you for any direct, special, indirect, consequential, incidental damages or any other damages of any kind even if Stoever Glass & Co., Inc. or any other party have been advised of the possibility thereof. Stoever Glass & Co. makes no representation or warranty of any kind with respect to the software or the results to be obtained from its use. Stoever Glass & Co. does not warrant that your use of the software will be uninterrupted, error-free or virus-free.

This offer is not made to persons resident in states, territories or countries in which Stoever Glass is not registered.

For information on money market rates please go to https://www.pershing.com/rates

RULE 606 DISCLOSURE

SEC Rule 606 (“Rule 606”) requires broker–dealers, such as Stoever Glass, that route customer orders in equity and option securities, to make publicly available quarterly reports that, among other things, identify the market centers to which customer orders are routed for execution.

The Rule 606 Report provides information on the routing of “non–directed orders” — any order that the client has not specifically instructed to be routed to a particular venue or market center for execution. For these non–directed orders, Stoever Glass has selected the Pershing LLC to execute on behalf of our clients.

The Rule 606 Report is divided into four sections. Section 1 is for securities listed on the New York Stock Exchange; section 2 is for securities traded on Nasdaq; section three is for securities listed on the American Stock Exchange or regional exchanges; and section four is for exchange–listed options.

For each section, this Report reflects information concerning certain market centers to which Stoever Glass has transmitted order to Pershing LLC forth the percentage of various types of orders routed to these market centers. The SEC noted in the Adopting Release of Rule 606 that “the quarterly reports on order routing are intended to provide a general overview of a broker–dealer’s practices that is accessible and useful to individual investors.” To this end, Stoever Glass is required by Rule 606 to disclose information concerning orders routed to the ten market centers to which the firm routed the most orders as well as information concerning orders to which Pershing LLC routed at least five per cent or more of its orders. Lastly, Rule 606 requires Stoever Glass to disclose to its clients, upon request, the market centers to which their individual orders were routed.

Order routing information for all of Stoever Glass units as well as other Market Makers’ Rule 606 data is available at the following Link: https://www.orderroutingdisclosure.com

Please type in our full company name “Stoever Glass & Co Inc”

The following is a general description of the information provided in Stoever Glass’ Rule 606 report as it pertains to listed–options.

  • Summary Statistics: On a percentage basis, the breakdown by order type of non–directed listed option customer orders.
  • Exchanges: By exchange, a percentage breakdown of non–directed order flow.
  • Types of Orders: By exchange, a percentage breakdown of non–directed order flow for each type of listed option order.
  • Material aspects of relationship with venue: By exchange, a description of any material aspects of the relationship between Stoever Glass and the option exchanges. Stoever Glass has no relationship with any exchanges.

More details regarding Rule 606 and the SEC interpretation related to these new rules can be obtained directly from the SEC and FINRA. Should you have any questions regarding, Rule 606 procedures, please contact your sales representative or our Compliance Department at (800) 223-3881.

USE OF LINKS

Should the viewer leave this site via a link contained herein, and view its content, the viewer does so at its own risk. Stoever Glass & Co. is not responsible for damages or losses caused by any delays, defects or omissions that may exist in linked services, information or other content provided in such site, whether actual, alleged, consequential or punitive. Stoever Glass & Co. makes no guarantees or representations as to, and shall have no liability for, any electronic content delivered by any third party.

The information on this site is “AS IS.” Stoever Glass & Co., Inc., does not warrant the accuracy of the information provided herein, either expressly or implied. Although the information provided to you on this site is obtained from sources that we believe to be reliable.

The publication of the Stoever Glass web site on the Internet should not be construed asa Stoever Glass solicitation to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet. Moreover, no client or prospective client should assume that our web site serves as a substitute for personalized advice from Stoever Glass. Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment will be either suitable or profitable for a client’s investment portfolio.

Past performance is not meant to forecast, imply or guarantee the future performance of any particular investment.

BUSINESS CONTINUITY PLAN

In the event of a business disruption, Stoever Glass & Co., Inc. has plans to allow us to continue business operations. We will do this by relocating our business operations to analternative location with processing capability and by informing our employees of the procedures that are in place by telephone and other means. We have procedures in place to recover data and restore our processing systems to working condition in the best time possible.

Although we have these plans in place for business disruptions, no one can guarantee that the systems will be instantly recoverable after a significant business disruption. However,we believe that our planning will allow us to recover as quickly as possible.

For information please consult our website www.stoeverglass.com or call 1 800 223 3881.

Customers may reach Pershing LLC customer service directly at (888) 878-3142 within the US and (732) 622-2150 outside the US to receive funds due should you be unable to contact Stoever Glass directly.

PRIVACY STATEMENT

To help the government fight the funding of terrorism and money laundering activities, federal law requires that we verify the identity of every person who maintains or controls an account with Stoever Glass.

Stoever Glass does not sell, rent or license your personal information to any non- affiliated persons or entities. We use your personal information to provide services to you and may share information with affiliated entities unless you “op out.” We may disclose your personal information, as permitted by law, to non-affiliated third parties that provide financial services to you. All third parties we use for record retention are required to protect personal information in a manner similar to the way we protect personal information.

We will disclose personal information to government and regulatory agencies and to comply with a lawful summons, court order, subpoena, fraud investigation, audit or regulatory examination.

AFFILATE SHARING FOR MARKETING

Stoever Glass affiliates may use your personal information in marketing their products or services to you. You may elect to limit marketing offers from our affiliates; such election will apply until you tell us to change your choice. You can opt back in at any time.

To limit affiliate marketing offers please contact the Compliance Department (compliance@stoeverglass.com)

An opt-out election made by one account owner of a Joint account is applicable to all account owners of the Joint account. An opt-out election must be made for each separate account you hold at Stover Glass, Inc. and Stoever Glass Wealth Management.

SIPC

Stoever Glass is a member of SIPC. A brochure with the details of SIPC protection is available at or by calling SIPC at (202) 371-8300.

FINRA BROKERCHECK

As a member of FINRA, we offer the availability of BrokerCheck. For BrokerCheck go to www.finra.org/brokercheck or call the Broker Check Hotline at (800) 289-9999.

BUSINESS CONTINUNITY PLAN

In the event of a business disruption Stoever Glass has a business continuity plan.
You may also contact Pershing directly to process limited trade-related transactions, cash distributions, and security transfers. Instructions to Pershing must be in writing and transmitted via facsimile at (201) 4135368 or by postal service as follows:

Pershing LLC
P.O. Box 2065
Jersey City, New Jersey 07303-2065

For additional information about how to request funds and securities in the event that you are unable to contact Stoever Glass due to a significant business interruption, please visit Pershing Customer Support section or call (201) 624-6100 for recorded instructions.

If you cannot access the instructions from the website or previously noted telephone number, you may call (213) 624-6100 extension 500, an alternate Pershing number for recorded instructions.

TRUSTED THIRD PARTY NOTIFICATION

As a customer, over the age of 65, may designate at your discretion, a trusted contact person that Stoever Glass may contact and disclose information about your account in order to address possible financial exploitation, to confirm the specifics of your current contact information, health status, or the identity of any legal guardian, executor, trustee or holder of a power of attorney on your account in the event we are unable to contact you directly.
The trusted contact person is intended to be a resource to Stoever Glass in administering your account, protecting your assets and responding to possible financial exploitation. It is your decision if you wish to designate anyone as a trusted contacted person.
Stoever Glass may elect to notify the individual that he or she was named as a trusted contact person; however, we not required to make such notification.
If you wish to make a designation, please return the information below to:

Stoever Glass & Co., Inc.
Attention Compliance Department
30 Wall Street
New York, New York10005

TRUST ACCOUNTS

For Trusts accounts, “client” refers to the Trust and its Trustees. Trustees represent that there are no other Trustees other than those disclosed in the new account documentation and represent to Stoever Glass that the firm may rely on instruction from any Trustee upon receipt of proper instruction from the Trustee.
Stoever Glass, may in its sole discretion require written consent of any or all Trustees prior to following any instruction from any Trustee.

MSRB NOTICE

The MSRB rules require that Stoever Glass & CO, Inc. provide you with the following information annually:

  • Stoever Glass is registered with the Municipal Securities Regulatory Board and the U. S. Securities and Exchange Commission;
  • MSRB’s maintains a website address at MSRB.ORG; and
  • MSRB’s website provides customers with information for Municipal Securities Investors describing the protections that may be provided by the MSRB’s rules and how to file a complaint with an appropriate regulatory authority.
PAYMENT FOR ORDER FLOW AND ORDER ROUTING INFORMATION

Stoever Glass does not accept payment for order flow. All equity orders are routed to Pershing LLC for execution.

OPTION CUSTOMERS

For all customers, including those who own options, please promptly advise us of any material change in your investment objectives or financial condition. Individual options commission charges have been included in your confirmation. You may request a summary of this information.

MARGIN RISK DISCLOSURE

If you borrow funds using a margin loan from Pershing, LLC to purchase securities, the collateral for the loan will be the securities purchased and other assets in your margin account.

If the securities in the account decline in value, so does the collateral supporting your loan, and as a result, Pershing can take action, such as issue a margin call and/or sell securities or other assets in your account, in order to maintain the required equity in your account.

It is important that you fully understand the risks involved in trading securities on margin. These risks include the following:

  • You can lose more than your deposit in the margin account.
  • Pershing can force the sale of securities or other assets in the account.
  • Pershing can instruct Stoever Glass to sell securities without contacting you.
  • You are not entitled to choose which securities or other assets in your account are liquidated or sold to meet a margin call.
  • Pershing can increase their “house” requirement at any time and are not required to provide you with advance written notice.
  • You are not entitled to an extension of time on a margin call.
Fiduciary Accounts (Retirement Accounts)

Effective February 1, 2022, we are acting as a fiduciary under Title 1 of the Employee Retirement Income Security Act (ERISA) and/or Section 4975 of the Internal Revenue Code (Code) in our capacity as a broker-dealer when we provide investment advice and make recommendations regarding a retirement plan account or individual retirement account (including recommendations to rollover assets from a defined contribution plan to an individual retirement account).
As a fiduciary for accounts subject to ERISA and the Code, we will act prudently and in the client’s best interest, and will not place our financial interest ahead of the client.
Investment products: Are:

Not FDIC Insured Are Not Bank Guaranteed May Lose Value

 

(revised 01-2022)