PRIVACY POLICY

MuniRisk LTD Privacy Policy January 2017

This Privacy Policy sets forth the manner in which MuniRisk LTD (“MuniRisk”) may collect, utilize and maintain nonpublic information about individual persons, as required under federal and other applicable law. MuniRisk is committed to protecting privacy and maintaining the confidentiality and security of a user’s personal information.

Collection of Information

MuniRisk may collect personal information about users from the following sources:

User questionnaires and other information provided by the user in writing, in person, by telephone, electronically or by any other means. This information may include name, address, employment information and financial and investment qualifications as applicable; Information about users from financial institutions and service providers that an user has authorized to provide such information to MuniRisk; and Verification services and consumer reporting agencies, which may include information regarding a user’s creditworthiness or credit history, as applicable.


Disclosure of Nonpublic Personal Information

MuniRisk does not disclose nonpublic personal information about users or potential users to affiliates or non-affiliated third parties except as permitted by law. For example, MuniRisk may share nonpublic personal information about users, without the user’s consent, with affiliated and non-affiliated parties in the following situations, among others:
in connection with the administration and operations of MuniRisk products and services, with its brokers, attorneys, accountants, auditors, administrators or other service providers;
to respond to a subpoena or court order, judicial process or regulatory inquiry;
in connection with a proposed or actual sale, merger or transfer of all or a portion of its business;
to protect or defend against fraud, unauthorized transactions (such as money laundering), law suits, claims or other liabilities;
to respond to requests for information regarding compliance with anti-money laundering laws;
upon consent of a user to release such information, including authorization to disclose such information to persons acting in a fiduciary or representative capacity on behalf of the user; and,
to assist MuniRisk in offering affiliated products and services to users.
As indicated above, the foregoing may include responses to inquires for purposes of compliance with anti-money laundering and anti-terrorist due diligence, disclosure or reporting requirements. MuniRisk™ may share nonpublic personal information about users at user direction or with user consent.

Former and Prospective Users

This same Privacy Policy applies to prospective and former users.

Protection of Subscriber Information

MuniRisk™ maintains physical, electronic and procedural safeguards that comply with federal standards to protect user information. MuniRisk restricts access to the personal information of users to those registrants and employees who need to know that information in the course of their job responsibilities. When disposing of records containing user information our registrants and employees are trained to use an electronic shredder or other secure document disposal system provided by MuniRisk™.

Further Information

MuniRisk reserves the right to change its Privacy Policy at any time. The examples contained within this Policy are illustrations and are not intended to be exclusive. New Oak’s Privacy Policy complies with federal law regarding privacy. Investors may have additional rights under other domestic or foreign laws that may apply. (revised 01/2017)