What does Futu Inc. do with your personal information?
We are required to tell you how we collect, share and protect your personal information. We may share some of your personal financial information as described in this Notice. Federal law gives consumers the right to limit some but not all sharing of their personal information. Please read this Notice carefully.
We may collect the following personal information:
- Social security number
- Address and contact information
- Assets and income
- Risk tolerance and investment objectives
- Account balances and transaction history.
All financial companies need to share customer personal information in order to run their business. In the section below, we list the reasons we might share your information, whether we do anticipate sharing your personal information for such purpose and whether or not you can limit our sharing.
|REASONS WE CAN SHARE YOUR PERSONAL INFORMATION||DOES FUTU SHARE?||CAN YOU LIMIT THIS SHARING?|
|For our everyday business purposes – Such as to process your transactions, maintain your accounts and respond to legal orders||Yes||No|
|For our marketing purposes – To offer our financial products and services||Yes||No|
|For joint marketing with other financial companies||No||We don’t share|
|For our affiliates’ everyday business purposes, such as opening an account with our overseas affiliates||We only share with your consent||Yes|
|For our affiliates’ to market their products or services to you||We only share with your consent||Yes|
|For non-affiliates to market to you||No||We don’t share|
|WHO WE ARE|
|Who is providing this notice?||Futu Inc.|
|WHAT WE DO|
|How does Futu protect my personal information?||To protect your personal information from unauthorized access, we use a variety of measures designed to comply with federal law. Such measures include both proprietary and commercially available software and encryption programs. We also train our personnel on procedures and protocols to enhance protection against unauthorized access.|
|How does Futu collect my personal information?||We collect your personal information when you open an account with us. During the account opening process, we may contact third parties to verify the personal information you provide to us. We may collect additional personal information about your financial accounts when you transmit payment for securities purchased through us.|
|Why can’t I limit all sharing?||Federal law only authorizes you to limit sharing with our affiliates and with third parties.|
|Affiliates||Companies related to us through common ownership or control.|
|Nonaffiliates||Companies not related to us.|
|Joint marketing||An agreement between nonaffiliated companies to jointly market their services or products to consumers. Futu does not engage in joint marketing with nonaffiliated companies.|