Please Take Notice That by Accessing This Web Site You Acknowledge And Agree to The Following:

Disclaimer

This site has been designed for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security, which may be referenced upon the site. Such offers can only be made where lawful under applicable law. The services and information provided through this site are for personal, non-commercial use and display. Yonsei Capital Management, LLC does not intend to provide investment advice through this site and does not represent that the securities or services discussed are suitable for any investor. Investors are advised not to rely on any information contained in the site in the process of making a fully informed investment decision. Yonsei Capital Management, LLC does not, and this site does not intend to render tax or legal advice.

This site has been published in the United States for residents of the United States. This site in not intended for use by, or to provide any information to, investors, outside of the United States. Investors outside of the United States are subject to securities and tax regulations within their applicable jurisdictions that are not addressed on this site. No security, investment advisory service, or other product or service will be offered or sold in any jurisdiction in which such offer or solicitation, purchase or sale, would be contrary to the securities laws or other local laws and regulation. U.S. investors should be advised that not all investments discussed on this site might be available in all states. News, views, opinions, recommendations and other information obtained from sources outside of Yonsei Capital Management, LLC are believed to be reliable, but we cannot guarantee their accuracy or completeness. All such information is subject to change at any time without notice.

The accuracy, completeness and timeliness of the information contained on this site cannot be guaranteed. Yonsei Capital Management, LLC does not warrant, guarantee or make any representations, or assume any liability with regard to financial results based on the use of the information in the site.

Yonsei Capital Management, LLC is not liable for any harm caused by the transmission, through accessing the services or information on this site, of a computer virus, or other computer code or programming device that might be used to access, delete, damage, disable, disrupt or otherwise impede in any manner, the operation of the site or of any user's software, hardware, data or property.

The use of this web site is at your own risk. Yonsei Capital Management, LLC believes that it offers customers a practical and usable brokerage system over the Internet. Customers accept at their own risk that the Internet communications medium may not perform as intended despite the best efforts of Preferred, including their network service providers, the customer's Internet service provider, and the customer. Yonsei Capital Management, LLC presents information, pricing data and customer account information that are thought to be reliable and accurate. Yonsei Capital Management, LLC does not guarantee the timeliness, sequence or accuracy of the data or any other information available through this service. In addition, the customer agrees to immediately notify Yonsei Capital Management, LLC if they become aware of any loss, theft or unauthorized use of their access number(s), password(s), and/or account number(s).

"Hypertext links" and /or "hyperlinks" to or from other Internet sites may be introduced at times as a convenience to the user. Yonsei Capital Management, LLC assumes no responsibility for the content of any linked site. The fact that such links may exist does not indicate approval or endorsement of any material contained on any linked site.

All securities business with Yonsei Capital Management, LLC is conducted based on written agreements between the customer and Yonsei Capital Management, LLC. These agreements are the only contractual relationship between Yonsei Capital Management, LLC and its customers and the terms of those agreements are binding on both parties. No other representation, whether made in person, verbally, written or on-line electronically in written, graphical or verbal communication may change the terms of those agreements.

All customer orders accepted by Yonsei Capital Management, LLC are considered unsolicited. Yonsei Capital Management, LLC reserves the right to decline accounts and orders at its discretion.

Third Party Information/Links - By accessing other web sites through links provided by Preferred, you agree that any opinions or recommendations expressed are solely those of the independent providers and are not the opinions or recommendations of Preferred. This information has been prepared by third parties. This information should not be considered either a recommendation by Yonsei Capital Management, LLC or a solicitation of any offer to purchase or sell any securities. Neither Yonsei Capital Management, LLC nor any information provider guarantees that the information accessible is accurate, complete or timely, nor are any warranties made to you regarding any results from using the information. By accessing or using the information, you agree to the terms of this agreement

Privacy Policy

It is the Policy of Yonsei Capital Management, LLC to keep confidential non-public personal information pertaining to each current and former client and or investor (i.e., information and records pertaining to personal background, investment objectives, financial situation, investment holdings, account numbers, account balances and the like) unless the Yonsei Capital Management, LLC is:

Previously authorized to disclose information to individuals and/or entities not affiliated with the investment advisor, including, but not limited to the client's and or investor 's other professional advisors and/or service providers (i.e., attorneys, accountants, insurance agents, broker/dealers, investment advisors, account custodians, and the like); or,

Required to do so by judicial or regulatory process; or,

Otherwise permitted to do so in accordance with the parameters of Regulation S-P.

The disclosure of such information contained in any document completed by the client and or investor for processing and/or transmittal by the investment advisor, investment manager or related entity in order to facilitate the commencement, continuation, or termination of any business relationship between the client, investor and/or non-affiliated third party service provider (i.e., broker/dealer, investment advisor, account custodian, insurance company, and the like), including information contained in any document completed and/or executed by the client and/or investor for the investment advisor/investment manager or related entity (i.e., advisory agreement, client and/or investor information form, and the like), shall be deemed as having been automatically authorized by the client and/or investor with respect to the corresponding non-affiliated third party service provider. Each individual and/or entity affiliated with the investment advisor or investment manager or related entity is aware of the aforesaid privacy policy and has acknowledged his or her or its requirement to comply with same. In accordance with this privacy policy, each such affiliated individual and/or entity shall have access to information to the extent reasonably necessary for the performance of its service for the client and/or investor and to comply with regulatory procedures and requirements.